Meanwhile,
Trade war | donald trump:
The President of the United States. Furthermore, Donald Trump, announced on Friday that it ended all trade negotiations with Canada. Similarly, He now threatens to impose new customs duties due to the Ottawa tax on digital services. Nevertheless, which is due to come into force in the coming days.
Updated yesterday at 10:40 p.m.
Donald Trump said Washington would inform Canada about new customs. For example, duties to “do business with the United States” over the next week.
On his social networks. Furthermore, the American president has questioned the management of the offer and the tax on digital trade war | donald trump services (TSN) imposed by Canada on large technological companies, speaking of “direct and flagrant attack against [son] pays ».
The tax. Consequently, which is due to come into force on June 30, would apply retroactively and therefore leave US 2 billion to pay at the end of the month.
Screenshot from Donald Trump’s social social account
This tax will strike companies like Amazon. Furthermore, Google, Meta, Uber and Airbnb, but also local businesses like Quebecor, with a 3 % levy on Canadian user income. Moreover, Digital multinationals do not pay tax on their profits in Canada, which gives them an advantage compared to local businesses.
Canada “very difficult to manage”. Moreover, according to Trump
Several countries of the European Union have equipped themselves with similar measures, including France, Austria and the United Kingdom. Additionally, Moreover, The latter has also managed to preserve its own tax in the context of a trade agreement with the United States signed at the G7 summit in Alberta. In addition, at the beginning of last week. Nevertheless, Donald Trump said, however, that similar taxes of the European Union would be the subject of negotiations.
On Friday. the American president said that Canada was “very difficult to manage over the years”, in front of journalists in the oval office. Trump added that Washington was more powerful than Ottawa.
Economically, we have such power over Canada. I would prefer not to trade war | donald trump use it, but they did something with our technological companies.
Donald Trump, President of the United States
Prime Minister of Canada Mark Carney reacted to Donald Trump’s announcement on Friday. “The Canadian government will continue to engage in these complex negotiations with the United States in the best interests of our workers. our businesses,” he wrote.
Carney had negotiated private with Donald Trump. announced earlier this month that the two men were trying to conclude an agreement to end the trade war.
“The President of the United States just seems to discover that supply management exists. [que] The Internet multinational tax law (GAFAM) was voted last year, “reacted Yves-François Blanchet, the chief of the Quebec Bloc, on his X account.
Mr. Blanchet has also trade war | donald trump accused Mark Carney of neglecting the pricing war since his election. deploring that the Prime Minister has devoted himself to “a law spent under gag for oil infrastructure which will have no impact on prices or trade while Donald Trump will be president”, “law C-5” (Law enacting the law on free trade and mobility of workforce in Canada and the law aimed at building Canada).
Canada’s Conservative Party leader Pierre Hairy wrote that the interruption of negotiations between Canada. the United States was “disappointing”. “Hopefully they will resume quickly. ” he added, by urging the Carney government to take emergency measures to support the Canadian economy, including the repeal of the prohibition of pipelines and the industrial carbon tax.
Trade war | donald trump
The “Trump method”
This announcement may be a demonstration of force on the trade war | donald trump part of the American president. according to Geneviève Dufour, expert in international economic law at the University of Ottawa. “He wants to twist our arm a little more. It’s the Trump method! She believes.
Canada will now have to make a decision: give in land, or stay camped on its positions.
Hopefully the Canadian government has calculated its room for maneuver. For Quebec. it means in particular to protect our management of the offer, our aluminum industry and critical minerals and our cultural environment. It is not negotiable.
Geneviève Dufour. expert in international economic law at the University of Ottawa
If Donald Trump judges that the tax on digital services is illegal, the usual route would be to file a request for consultations under trade war | donald trump the ACEUM dispute regulations, explains Geneviève Dufour. The Biden administration had also taken this path, without however reaching an agreement.
“Again, we see that Trump has nothing to do with rules and agreements. And one can legitimately wonder what good to discuss with him. except that one is completely constrained there, ”adds the lawyer.
A contested law
Despite supported pressures on Ottawa to suspend the tax in anticipation of commercial negotiations with the United States. the Federal Minister of Finance, François-Philippe Champagne, assured on June 19 that Canada would go forward with the measure.
The Canadian Business Council notably asked Ottawa to suspend the tax.
“Canada is expected to present an immediate proposal to eliminate TSN in exchange for the elimination of customs duties from the trade war | donald trump United States. ” wrote Goldy Hyder, president and chief executive officer, stressing that the breakdown of negotiations by Donald Trump is the “unhappy development” that the organization hoped to prevent.
In early June. 21 members of the US Congress wrote to the US President to notify him that this tax was likely to cause significant losses for American companies.
The CEO of Quebecor. Pierre Karl Péladeau, also complained of the tax during the announcement of his quarterly results of November 2024. “ [Nos économies] Unfortunately have been offset, largely, by applying the new 3 % federal tax on digital services, “he said.
With the Canadian press and Francis Vaille, The press
Further reading: Montreal, champion of the increase in rents among the big cities of Canada – Conjugal violence: 6 and a half years for a “brutal and sneaky” attack with 2×4 – British Columbia | An explosive device damages the office of a minister – Northern boreales visible Thursday evening for a good part of Canada – Inflation remained stable at 1.7 % in May in Canada.
