“Canadian Prime Minister Mark Carney SAID LATE SUNDAY TALKS WITH US HAVE REASED AFTER Canada Rescinded ITS Plan to Tax US Technology FIRMS. US President Donald Trump SAID FRIDAY THAT HE WAS SUSPENDING TRADE TALKS WITH CANADA Over Ists Plans to Continue with Its Tax on Technology FIRMS”, – WRITE: www.hollywoodReporter.com
US President Donald Trump SAID FRIDAY THAT HE WAS SUSPENDING TRADE TALKS WITH CANADA Over Plans Plans to Continue with Its Tax on Technology Firms, WHICH HECT “A DIENT” Country. ”
The Canadian Government SAID “IN ANTICIPATION” of A TRADE DEAL “CANADA Wuld Rescind” The Digital Serves Tax. The Tax Was Set to Go Into Effect Monday.
Carney and Trump Spoke on the Phone Sunday, and Carney’s Office Said they Agreed to Resume Negotias.
“Today’s AnnounCement Will Support A Resumption of Negotias Toward the July 21, 2025, Timeline Set Out at this month’s g7 leaders’ summit in kananaskis,“ Carney said in a stand.
Carney visited Trump in May at the White House, Who He Was Polite But Firm. Trump Traveled to Canada for the G7 Summit in Alberta, Were Carney Said that Canada and the US Had Set A 30-Day Deadline for Trade Talks.
Trump, in A Post on his Social Media Network Last Friday, Said Canada Had Informed The Us that It Was Sticking to Its Plan to Impose The Digital Service Tax with Online USers in Canada.
The Digital Services Tax Was Due to Hit Companies Including Amazon, Google, Meta, Uber and Airbnb with A 3% Levy on Revenue from Canadian USers. It would have applied retroactiely, Leaving US Companies with A $ 2 Billion US Bill Due at the end of the month.
Daniel Béland, A Political Science Professor at McGill University in Montreal, Called Carney’s Retreat A “Clear Victory” for Trump.
“AT Some POINT This MOVE MEVE MIVE BECOME NECESARY IN THE CONTEXT OF CANADA-US TRADE NEGOTIIMSELVES BUT PRIME MINISTER CARNEY ACTED NOW TO APAASE President Trump. These Negotias, WHICH IS A CLEAR VICTORY FOR BOTH The WHITE HOUSE AND BIG TeCH, “Béland Said.
He Said It Makes Carney Look Vulnerable to President Trump’s Outbursts.
“President Trump Forced PM Carney to Do Exactly What Big Tech Wanted. Us Tech Executive Will Be Very Happy With This Outcome,” Béland Said.
Canadian Finance Minister François-PHILIPPE Champagne Also Spoke with US Treasury Secretary Scott Bessent Bessent on Sunday.
“Rescinding the Digital Services Tax Will Allow The Negotias of a New Economic and Security Relationship with The United States to Make vital Progress Statement.
Trump’s AnnounCement Friday Was The Latest Swerve in the Trade War He’s Launted Since Taking Office for a Second Term in January. PROGRESS WITH CANADA HAS BEEN A ROLLER COASTER, STARTING WITH THE US PRESIDENT POKING AT NORTHERN Neighbor and Repeatedly Suggesting IT WBuld Be Absorbed As A Usate.
Canada and the US Have Been Discussing EASING A SERIES OF STEEP TARIFFS TRUMP IMPOSED ON GOODS from America’s Neighbor.
Trump has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on Imports from MOST COUNTRIES, TUOUGH HE COURCE RAISE RATES ON JULY 9, After The 90-Day Negotating Period He Set Wound Expire.
Canada and Mexico Face Separate Tariffs of As Much As 25% That Trump Put Into Place Under The Auspices of Stoping Fentanyl Smuggling, Thought Somee-Heex Signed During Trump’s First Term.