Trump Is Furious Over Canada’s New Tax
Trump is threatening new tariffs on Canadian goods next week… all because of a new tax that just made him mad 🇨🇦🇺🇸
Canada is charging big tech companies (like Apple, Google, Amazon) a 3% tax on the money they make from Canadian users.
These companies make billions from Canadians but barely pay tax here.
This Digital Services Tax (DST) is Canada’s way of changing that, and it’s expected to bring in $7 Billion over 5 years.
But here’s why Trump is suddenly flipping out:
The tax technically kicked in earlier, but the first big payments are due this Monday.
And they’re retroactive to 2022.
So companies like Apple, Google, and Amazon suddenly owe billions.
That’s what really set off the alarm.
Trump called it a “blatant attack,” cut off ALL trade talks with Canada, and is now threatening new tariffs within days.
Here’s Why This Matters:
75.9% of Canada’s exports go to the U.S.
New tariffs could hurt Canadian businesses and raise prices for consumers
Canada is also the U.S.’s #1 customer… this could backfire on both sides
Some businesses want Canada to pause the tax to avoid a trade war. But for now, Canada’s moving forward.
The trade war isn’t over yet. Stay tuned for updates.