• Canada has made two moves

    From Joseph Pereira@1:124/5016 to All on Mon Jun 30 06:02:41 2025
    Last week came the news that a tax on American online services would start in Canada on July 1. Companies like Amazon, Google, and Microsoft would begin paying tax in Canada on revenue generated there.

    That's not unfair at all; in fact, it's quite logical.

    For Trump, however, it was reason enough to break off all contact with Canada and threaten to significantly increase import tariffs.

    Then you think... phew.

    But now comes the surprising and possibly brilliant next step...

    Canada has announced that this tax will NOT go into effect on July 1.

    Trump is completely happy and immediately promised that there is now room for negotiation.

    Then you wonder...

    Did Canada cave, or did Canada have nothing, throw something on the table, take it away again, and then gain more leverage?

    The winner here is Canada, even though Trump thinks he's won.

    Moreover, the air hasn't completely cleared yet. I fear it never will as long as Trump is still breathing.

    .
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