6d ago

Trump says he's ending 'all discussions on trade with Canada' effective immediately

www.cbc.ca /news/politics/trump-terminating-trade-discussions-canada-1.7572964

U.S. President Donald Trump said Friday he's terminating all trade discussions with Canada effective immediately.

"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in a social media post.

He says he's pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.

Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau's government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.

Canada @lemmy.ca

Trump says he's ending 'all discussions on trade with Canada' effective immediately

www.cbc.ca /news/politics/trump-terminating-trade-discussions-canada-1.7572964

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World News @lemmit.online

Trump says he's ending 'all discussions on trade with Canada' effective immediately

www.cbc.ca /news/politics/trump-terminating-trade-discussions-canada-1.7572964

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116 comments

"We will let Canada know the Tariff that they will be paying..."
How has he still not learned that it is Americans and American businesses that pay the tariffs.
- He knows, but he also knows that his base is too dumb to recognize it, so he lies because raising taxes on Americans is unpopular.
  
  He also knows that if he just repeats things people will believe them, even in spite of evidence they can see, feel and touch.
  
  I'm not certain what he knows or does not know. In any case, his message to MAGA is clear, Canada will pay, and they'll believe it.
  
  He's committed to the "big lie" strategy. And unfortunately it works well for what it does if you dgaf about consequences imposed by reality playing none of your games
  
  That could be true, but he is dumb enough to not understand. Malice or ignorance are always possibilities.
  
  hes also been obsessed with tariffs since forever.
- Oh he knows. He's just compelled to lie by whatever that jelly is in his head that is a brain in normal people.
- Right, but he can't raise income tax very much, and he needs money to give to all the rich fuckers, so a big federal sales tax "disguised" as a tariff is a decent way to raise funds.
  
  Don't need to raise the income tax. The government makes up the money. Could simply turn on the printers and give to the billionaire. The cruelty is the point as it always is.

How dare the Canadian government get American companies to pay their fair share for operating here [in Canada]
- How dare they charge checks notes the same thing Visa and Mastercard charge everyone in our entire country for everything.
  
  At least they are not charging American Express numbers. (really blowing out your closest trading partner over 3% on netflix is nuts)

Congrats to Canada on their newfound status of not having to listen to trumps noise anymore.
And no worries, America will be back soon on its knees groveling for lumber and fish. Just ship it through Mexico, itll be fine.
- Lol oil. Railcar from Alberta to BC, onto a tanker to Mexico, then railcar back up to Montana for the refineries that are tooled specifically for tar sands oil.
  Sure it's expensive, but oil from across the pond is about to be as well, or did Iran back down on that?
  
  I’d like someone to do the maths for me how much energy will be used versus how much is created after all that…

Canada needs to start cashing in their US Bonds. Let's watch the US economy start to crash.
- I feel like that’s probably our nuclear option and we’re holding out for now since it’s likely Trump chickens out again
  
  It's Carney's primary strategy. This plus the Canadian who died in ICE custody should speed up the sell off. Japan will likely join.
  
  I hope not. Please do it. tRump and his shit-sucking base only give a shit when the leopard is dousing them and theirs in hot sauce. If crashing and burning this fucker and our country is what it takes to end him and them, don't wait! Do it slowly, like someone shredding important documents.
  Bonus points if they or anyone does it each time this regime tries to lie or bury that pressure point. Rich people back this fuck-squad because they care about two things: their money and their lives. Threaten one and/or the other until they abandon him!
  
  Agree with @regedit Canada should cash in a few bonds, and when president felon freaks out, do a few more. Explain to the orange child that he needs to shut up about Canada, drop the tariffs and observe the trade agreements. America deserves all the backlash the world is piling on it right now. Republicans are vile scum, treat them with the disrespect they have earned.

We will let Canada know the Tariff that they will be paying
...that's... not how this works...
- After all this time he still has no idea how tariffs work.
  
  Doesn’t matter, it’s what his sycophants believe. If Trump does it/says it - it becomes the truth to them. It’s the result of a decade or more of brainwashing on tens of millions of trump fans by Fox News etc
  
  Or he's a fucking liar.
- It works like that when you assume the other country will desperately lower their export prices and eat the difference so in the end it's still sold at the same price in the country raising the tariffs. In practice the greedy capitalists raise prices in the shops at the mere mention of the concept of tariffs, even when the product is produced locally.

- Canada geese are my favorite bird. I see them by the lake all the time. They are perfectly well-behaved, until you deliberately try to piss them off.
  
  Right? They have a terrible rep but they’re pretty fair in my experience. The only time I’ve angered one was when I stepped too close to take a picture of her babies and she did this grass filled mouth hiss at me like a cat. Which to be fair, is fair
  
  Sitting too close to the water with a nice sandwich can be interpreted as deliberately pissing them off.
  
  When I was 4 or 5 I went to the zoo with school and the woman who was showing us round starts telling us about these Canadian Geese and my teacher asked where they were from …the employee dryly says “Canada, would you believe…”.

We will let Canada know the tarrif that US citizens will pay to get Canadian products. That's what he means, though he is too much a dumbass to know it.

- I bet you that the shell taste more like cheese then that pre-shredded shit on there.

Well lets see I wonder what the reason for this could be. Could it be the deal we signed with Greeland on Thursday? Could it be the 2.5bil US companies owe us on Monday? Could it be the fact they murdered one of our Citizens? gee which one could it be?
Fuck em and fuck that country. I hate Nazi's and it makes my stomach churn that I have to live above a nation full of them.
- Oh, but didn't you hear? They hold all the cards, despite not actually holding any cards....

Canada should back out of the USMCA and stop respecting US IP
- It would be highly amusing for Canada to start making Star Wars films without Disney's approval, along with a little "Come get me fuckers".
  
  With the Trailer Park Boys as the main characters. Bubbles as Han Solo.
- Some of us never started
- If you don't mind losing leg so the other guy gets cancer. Canada needs more time to detach first.
- US already contravened it, thanks to Trump, CUSMA is pretty much meaningless now. That being said, Canada wont contravene our side, but we’ll humour the US in their bullshit just as we make better deals with reliable countries, leaving the US behind.

Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users
Good.
- It should be a lot higher, honestly. Encourage building Canadian services and using European services instead of relying on predatory American monopolies.
  
  3% of revenue is a substantial number.
  However, even better:
  The tax, which will take effect on 30 June and be applied retroactively from 2022, will impact both domestic and international companies, meaning American giants Amazon, Google, Meta, Airbnb and Uber will have to start payments from Monday.
  Source

That means nothing. He will taco. Then Canada will get even more pushed away from our once great partnership.
Remember how Trump fucked up the election in Canada for the conservatives? They literally had it in the bag. But Taco showed up with his tiny mushroom dick.
- If people could stop putting that man’s meat and two veg in my head, that would be great…

This is the equivalent of that obnoxious kid in the neighbourhood saying they're taking their basketball home and no one can play basketball any more .... then after he leaves, someone else brings another basketball anyway.

Thursday, Canada signs huge rare earth mineral mining deal with ~~Iceland~~ Greenland, humiliating Trump.
Friday, Trump throws a tantrum.
- As is tradition
- Do you mean Greenland or did they do some deal with Iceland?
  
  Ugh. No, you're right. Greenland.

Yeah, well, Trump says lots of things. None of which have any meaning or worth. He'll be saying the opposite next week.

Good. I was a bit worried that we'd make some concessions to end the tariffs. Once you've paid the Dane-geld you'll never get rid of the Dane. We have other partners to trade with.

Lol Donald announced that he's shutting up? Canada wins
- And U.S. consumers lose because, if there's still anyone unclear on this, we pay the goddamn tariff and not a single person in Canada.
  
  Well there is counter tarrifs on some US goods we'd hypothetically pay... if we were still buying US products, that is.

- Too weak...

If I were say... Disney, I'd consider planning a Canada Disney Land due to all the missed non-American's avoiding tourism in Florida. Just Sayin'...

Reminds me of a joke. The person that says it can quit smoking anytime they want, because in fact, they do it multiple times a day.
- Mark Twain, hundreds of times

Conspiracy Time!
I wonder if they are trying to flood the 'Canada' SEO because of this recent event:
https://globalnews.ca/news/11262681/canadian-dead-ice-custody-florida/
- The deceased lived in the US for their entire adult life. It's not like a tourist was snatched and died in custody. First, everybody should be outraged about this type of treatment happening to a human being, but there's no reason for Canada to have anything more to do with this.

- He’s just trying to get our CDN back to an equal level with USD :)

He's just pump and dumping the stock market again now that there's no Iran to distract us

I'm in favour of gradual weakening of the US leading to its ultimate dismantling. The sub-300 year experiment has clearly failed, so there's zero reason for the US to exist in its current form.
- Yeah I kind of believe that NA would work better as a bunch of smaller countries in an agreement similar to the EU. I say that as a Canadian who’s politics aren’t as much a dumpster fire too

"We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven-day period,"
...proceeds to bomb Canada tomorrow.
- Might as well. ICE killed a Canadian citizen.
- Maybe, but then he’ll learn why there’s Geneva conventions.
  
  Sweet Summer Child the world is not going to do a damn thing. We are all ducked

Is this the country version of DARVO? We killed one of their citizens in an ICE concentration camp, so now instead of apologizing we're lashing out at them? Cool cool cool

I am so sick of having to redo all my estimates every time trump tweets about my country.

ART OF THE DEAL

Wait until Tremp finds out all digital services now need to charge GST in Australia (10%) since like 10 years ago.

His words have been proven to mean nothing. He just speaks without any thought, senile old man.
- Trump uses words like squids use ink.
  Squids are smarter, though.

That's definitely going to help him make a deal.

Ah yes. So after that bottle episode called "A Visit to Iran", it looks like the people making the show want to pick up the Canada War plot thread again. I'm guessing the dumbass protagonist threatens Canada a bit, before giving up and claiming victory. These showmakers are running out of ideas.

Snip snap snip snap snip snap

Aw, even though Carney tried so hard to pass bill c-2 for daddy Trump? I wonder what their new excuse for the bullshit "border" bill will be.

I'm telling ya! ICE is running out of money, and tariffs are collected by the DHS instead of the IRS. I'm betting tariffs are going under the table to fund it
- Yes, and that's not even under the table.

Bring in BYD ....

Meh...I need to go for a shit.....RS

116 comments