Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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He might be referring to cloud services. Europe is worried about some sort of order preventing Amazon etc from providing cloud services to European companies or countries.
 
nycfan said:
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“… Canada’s 3 percent digital services tax has been in place since last year, but the first payments are only due beginning on Monday. Because the tax is retroactive, American companies were preparing to turn over roughly $2.7 billion to the Canadian government, according to a trade group for large American tech companies.

U.S. officials from both parties have long chafed at taxes like the one Canada has imposed, calling them unfairly targeted at services provided by American companies like Google, Apple and Amazon. The foreign policies target the revenue that businesses earn from online advertising, the sale of user data and other services, even if the firm is headquartered elsewhere.

Countries around the world have pursued them as a way to capture revenue from the largely American companies that play increasingly important roles in their economies….”

 

Canada Rescinds Digital-Services Tax to Salvage Trade Discussions With U.S.​

Carney, Trump will try to reach an agreement by July 21, Canadian spokeswoman says​


🎁 —> https://www.wsj.com/world/americas/...1?st=rDGn5t&reflink=desktopwebshare_permalink

“… Canada’s finance department was set to collect billions of dollars from U.S. tech companies starting on Monday, when payments were due under a digital-services tax that Canada’s Liberal government implemented last year, under former Prime Minister Justin Trudeau.

On Sunday, the government announced it would pause collections and introduce legislation in Parliament to rescind the tax, “in anticipation of a mutually beneficial comprehensive trade arrangement with the United States.”…”
 
superrific said:
Here's the precise amount of rare earth mineral that China will be willing to export: enough to discourage other countries from opening rare earth mines, but not enough to impede China's technical superiority.

Anyone can figure that out. Even Scott Bessent.
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One person can’t figure it out. Unfortunately he is our king so there isn’t anything we can do until the GOP grows some balls.
 
nycfan said:
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Every single time he says this, the reporters should immediately correct him and say, “actually, it’s a tax on the American importer, not Japan (or Canada, or China, or whatever).
And just keep doing it until his head explodes or he learns.
 
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