... The first payments from Canada’s digital services tax, which was enacted
last year and applies retroactively to 2022, are set to be collected
Monday. The tax would hit both domestic and foreign tech companies,
including U.S. giants such as Amazon, Google and Meta.
Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.
“Obviously, we think it’s patently unfair to do it retroactively,” Treasury Secretary Scott Bessent said later Friday on CNBC’s “Closing Bell: Overtime.”
Bessent said the Trump administration was hoping that Carney’s government would “put a brake on” the tax “as a sign of goodwill.” ...
Trump's idea of good will is 50% tariffs on Canadian steel and aluminum, 25% tariffs on autos, an overall 10% tariff on most everything else, and a 25% "fentanyl" tariff.
