Canada Implementing a Digital Services Tax on the US

[JohnLarue]

When you make statements like that? The USA has an untrained, unmotivated workforce that would have to severely underpayed to compete with the world.

look
trump is going to incentivise companies with $ (taxes and tariffs) and laws to produce goods in the USA
There will be reshoring of manufacturing into the USA.- No question
He will steal a greater % of the auto sector from Canada over his 4 year term - No question
Will the US become the dominate textile manufacture? No
However there will be new higher value added manufacturing in the USA over his 4 year term - No question

Meanwhile Canada is going to try to sell commodities into new markets which will have greater transportation cost and increased competition
76% of Canadas exports are to the USA
reducing that to 65% to 70% would be an accomplishment, however still extremely dependant on the USA

Trumps a prick, acting as bully- and not well liked in Canada
I suspect you have allowed your bias to cloud your judgement and assessment of his objectives

 

[Butler1000]

look
trump is going to incentivise companies with $ (taxes and tariffs) and laws to produce goods in the USA
There will be reshoring of manufacturing into the USA.- No question
He will steal a greater % of the auto sector from Canada over his 4 year term - No question
Will the US become the dominate textile manufacture? No
However there will be new higher value added manufacturing in the USA over his 4 year term - No question

Meanwhile Canada is going to try to sell commodities into new markets which will have greater transportation cost and increased competition
76% of Canadas exports are to the USA
reducing that to 65% to 70% would be an accomplishment, however still extremely dependant on the USA

Trumps a prick, acting as bully- and not well liked in Canada
I suspect you have allowed your bias to cloud your judgement and assessment of his objectives

Except Trump has no industrial plan. He is just giving tax reductions without it being geared to using the money for building anything. There is no plan for upgrades to energy transmission needed. No training incentives. Nothing.

Just, here is more money. We trust you to do the right thing and not just pass on tariffs to consumers.

Lol, and you believe in this benevolence?

They are not going to move auto production out of Canada and Mexico. We are #4 in the world in oil reserves and#1 in the region due to the sanctions on Venezuela. We should be opening new markets.

This is about crony capitalism. In 3 years, if not sooner it will all come back. It's not about trade deficits. It's about killing the "socialism" in the USA. About squeezing the populace even more and turning the nation into one giant oligarcy.

They are going to kill this goose.

 

[JohnLarue]

Except Trump has no industrial plan. He is just giving tax reductions without it being geared to using the money for building anything. There is no plan for upgrades to energy transmission needed. No training incentives. Nothing.

Just, here is more money. We trust you to do the right thing and not just pass on tariffs to consumers.

Lol, and you believe in this benevolence?

Yeah right
Corporations have never ever made decisions based on $
you do not have a clue what you are talking about

They are not going to move auto production out of Canada and Mexico.

oh yes they will

AI Overview

In 2024, the US automotive trade deficit reached $158 billion. This was due to the export of approximately $59 billion worth of passenger vehicles and the import of around $217 billion worth. In terms of volume, the US imported roughly 7.7 million vehicles while exporting about 2.5 million.

if tariffs increase the cost of a vehicle by 20 to 25% , imported vehicles will become non competitive
the solution, make more vehicles in the US

We are #4 in the world in oil reserves and#1 in the region due to the sanctions on Venezuela. We should be opening new markets.

our oil can not reach new markets because the liberals no pipeline policy
Both Germany and Japan came hat in hand begging for Canadian LNG. The idiot king Trudeau said there was no business case

This is about crony capitalism. In 3 years, if not sooner it will all come back. It's not about trade deficits. It's about killing the "socialism" in the USA. About squeezing the populace even more and turning the nation into one giant oligarcy.

They are going to kill this goose.

you do not have a clue what you are talking about

 

[Frankfooter]

you do not have a clue what you are talking about

Says the guy who is in hiding from the climate change thread.

 

[HungSowel]

look
trump is going to incentivise companies with $ (taxes and tariffs) and laws to produce goods in the USA
There will be reshoring of manufacturing into the USA.- No question
He will steal a greater % of the auto sector from Canada over his 4 year term - No question
Will the US become the dominate textile manufacture? No
However there will be new higher value added manufacturing in the USA over his 4 year term - No question

If what you are saying is true, then why are low-value textiles and goods still being tarriffied? Why is Canadian heavy crude and lumber being tariffed? Is the US planning to manufacture heavy crude and lumber? Isn't heavy crude and lumber required for the US to build higher-value goods?

 

[Butler1000]

Yeah right
Corporations have never ever made decisions based on $
you do not have a clue what you are talking about



oh yes they will




if tariffs increase the cost of a vehicle by 20 to 25% , imported vehicles will become non competitive
the solution, make more vehicles in the US





our oil can not reach new markets because the liberals no pipeline policy
Both Germany and Japan came hat in hand begging for Canadian LNG. The idiot king Trudeau said there was no business case

This is about crony capitalism. In 3 years, if not sooner it will all come back. It's not about trade deficits. It's about killing the "socialism" in the USA. About squeezing the populace even more and turning the nation into one giant oligarcy.

They are going to kill this goose.

you do not have a clue what you are talking about

Dude, they just cut energy development by 1/2 trillion.

Seriously go look at that bill. It's designed to transfer wealth, stifle innovation, kill the social safety net, destroy immigration. Trump just used the words "ownership" by farmers when discussing migrant labour.

And they just set up Alligator Alcatraz.

And threatened to arrest and deport the Democratic Candidate for NY mayor.

 

[JohnLarue]

Dude, they just cut energy development by 1/2 trillion.

what is the relevance of that statement to reshoring or diversifying Canadian exports?

Seriously go look at that bill. It's designed to transfer wealth, stifle innovation, kill the social safety net, destroy immigration. Trump just used the words "ownership" by farmers when discussing migrant labour.

what is the relevance of that statement to reshoring or diversifying Canadian exports?

And they just set up Alligator Alcatraz.

And threatened to arrest and deport the Democratic Candidate for NY mayor.

what is the relevance of that statement to reshoring or diversifying Canadian exports?
you are all over the place

you are just blithering about why you do not like trump
which is irrelevant to the outcomes from tax and tariff policies

tie your blithering whining's to the your claim Canada will be more successful in diversifying its exports than Trump will be successful in reshoring manufacturing
or say nothing

trump is going to incentivise companies with $ (taxes and tariffs) and laws to produce goods in the USA
There will be reshoring of manufacturing into the USA.- No question
He will steal a greater % of the auto sector from Canada over his 4 year term - No question
Will the US become the dominate textile manufacture? No
However there will be new higher value added manufacturing in the USA over his 4 year term - No question


Meanwhile Canada is going to try to sell commodities into new markets which will have greater transportation cost and increased competition
76% of Canadas exports are to the USA
reducing that to 65% to 70% would be an accomplishment, however still extremely dependant on the USA

 

[Butler1000]

what is the relevance of that statement to reshoring or diversifying Canadian exports?





what is the relevance of that statement to reshoring or diversifying Canadian exports?





what is the relevance of that statement to reshoring or diversifying Canadian exports?
you are all over the place

you are just blithering about why you do not like trump
which is irrelevant to the outcomes from tax and tariff policies

tie your blithering whining's to the your claim Canada will be more successful in diversifying its exports than Trump will be successful in reshoring manufacturing
or say nothing

trump is going to incentivise companies with $ (taxes and tariffs) and laws to produce goods in the USA
There will be reshoring of manufacturing into the USA.- No question
He will steal a greater % of the auto sector from Canada over his 4 year term - No question
Will the US become the dominate textile manufacture? No
However there will be new higher value added manufacturing in the USA over his 4 year term - No question


Meanwhile Canada is going to try to sell commodities into new markets which will have greater transportation cost and increased competition
76% of Canadas exports are to the USA
reducing that to 65% to 70% would be an accomplishment, however still extremely dependant on the USA

Lol. If they cut energy infrastructure funding, where do you think the energy will need to come from? Cripes, we need to up our prices.

And if they aren't offering incentives to on shore, build factories, create energy sources to run them, train people to work in them, then they aren't going to do it. They will pass the tariff along to to consumer.

As to immigration, they are getting rid of their low paying work force. Which means higher prices for everything. Creating further reasons not to onshore. Whatever saving you think wrongly will occur dies with higher wages.

And no, they aren't adding laws. That's communism and supply management right? That thing you hate the most? They ate free market acolyte. Wall st won't let it happen.

The USA in going to get worse, not better.

'Made in the USA' proved too expensive for U.S. customers https://share.google/nJ3G0xcYIJZSHl6w0

Good article from multiple perspectives

 

[HungSowel]

The only clear path to restoring trade is to become the 51st state, nobody else has signed a trade deal with trump so nobody knows what will satisfy Trump. Carney should be elbows up or ass up, nobody knows which is the right move, there is no solid basis to criticize Carney yet.

 

[DesRicardo]

The only clear path to restoring trade is to become the 51st state, nobody else has signed a trade deal with trump so nobody knows what will satisfy Trump. Carney should be elbows up or ass up, nobody knows which is the right move, there is no solid basis to criticize Carney yet.

I'm not to sure of that. A post I've seen online:

To all the people telling me that this is just Carney being a master negotiator, quick question. So far, we've named a fentanyl czar, expanded border security, rolled out draconian legislation to threaten refugee rights, privacy rights, and more, ended dollar for dollar tariffs, committed to an increase of 110 billion annually in defence spending, and now given up 7 billion in tax revenue. If Carney is such a great negotiator, tell me, specifically, what have we gotten out of the deal?

Trump clearly is backing Carney down with little resistance and while this is all playing uot Carney keeps playing it safe. He's doing worse than Trudeau, because at least Trudeau would push back when needed.

It shows you all business men are not the same.

 

[JohnLarue]

Lol. If they cut energy infrastructure funding, where do you think the energy will need to come from? Cripes, we need to up our prices.

You do not have a clue
We sell Western Canadian Crude at a discount because we have only one customer because of the stupid Liberal NO PIPELINES policy
The US has multiple suppliers
We also buy oil @ market prices for Eastern Canada
This is a brutally bad situation


Wake up!
The liberals have ensured wealth / investment gets driven out of our country wrt energy

Carney is focused on Carbon Tariffs but the EU just screwed him.
HE was insistent Carbon Tariffs would be the status quo for all trade, and he got that wrong
The US will destroy the Canadian economy if Carney applies Carbon Tariffs- Just like the digital tax

And if they aren't offering incentives to on shore, build factories, create energy sources to run them, train people to work in them, then they aren't going to do it. They will pass the tariff along to to consumer.

You are not paying attention
There are incentives to on shore
Corporate Taxation, Tariffs and there will be US mandates for domestic production of strategic products

LOTS of Incentives

As to immigration, they are getting rid of their low paying work force. Which means higher prices for everything. Creating further reasons not to onshore. Whatever saving you think wrongly will occur dies with higher wages.

Wrong
As I said Textile manufacturing is not going to rush to the USA
High value added manufacturing will

And he is intent of stealing share of North American auto production
this will happen over his 4 year term

And no, they aren't adding laws. That's communism and supply management right? That thing you hate the most? They ate free market acolyte. Wall st won't let it happen.

Wrong again
Trump will drive mandates for domestic production of strategic products- No question
He does not give a shit what you call it

 

[Butler1000]

You do not have a clue
We sell Western Canadian Crude at a discount because we have only one customer because of the stupid Liberal NO PIPELINES policy
The US has multiple suppliers
We also buy oil @ market prices for Eastern Canada
This is a brutally bad situation


Wake up!
The liberals have ensured wealth / investment gets driven out of our country wrt energy

Carney is focused on Carbon Tariffs but the EU just screwed him.
HE was insistent Carbon Tariffs would be the status quo for all trade, and he got that wrong
The US will destroy the Canadian economy if Carney applies Carbon Tariffs- Just like the digital tax



You are not paying attention
There are incentives to on shore
Corporate Taxation, Tariffs and there will be US mandates for domestic production of strategic products

LOTS of Incentives



Wrong
As I said Textile manufacturing is not going to rush to the USA
High value added manufacturing will

And he is intent of stealing share of North American auto production
this will happen over his 4 year term



Wrong again
Trump will drive mandates for domestic production of strategic products- No question
He does not give a shit what you call it

Considering AI and robotics are the new manufacturing default, and all of that is made in China. How do you think all this high value manufacturing is going to happen? The USA makes nothing now. That is the point. It's not just building a building. They don't make the transformers anymore, don't make the parts for a line. Don't make the electronics. Don't make the parts for the robots. Don't have the grid to handle it. They have brown outs now. They literally have to make the manufacturing base, to make the manufacturing parts to make the manufacturing line, to make the product. You think that happens in 3 years?

And the use of AI and robotics won't bring back jobs. They are going to kill more of them. This is1960 anymore. Detroit isn't going to become a car mecca again.

The investment needed just to get started is trillions. Will take 2 decades of policy. Minimum. Or the manufacturing people wait a bit, take a small hit on the stock line. And things go back.

What do you think Wall St will do?

 

[JohnLarue]

]Considering AI and robotics are the new manufacturing default, and all of that is made in China. How do you think all this high value manufacturing is going to happen? The USA makes nothing now. That is the point. It's not just building a building. They don't make the transformers anymore, don't make the parts for a line. Don't make the electronics. Don't make the parts for the robots. Don't have the grid to handle it. They have brown outs now. They literally have to make the manufacturing base, to make the manufacturing parts to make the manufacturing line, to make the product. You think that happens in 3 years?

yes it will

And the use of AI and robotics won't bring back jobs. They are going to kill more of them. This is1960 anymore. Detroit isn't going to become a car mecca again.

THE US will steal some of Canada share of North American Auto production

The investment needed just to get started is trillions. Will take 2 decades of policy. Minimum. Or the manufacturing people wait a bit, take a small hit on the stock line. And things go back.

nope
new production will go to the USA
Canadian production will be dialed back / moth balled

What do you think Wall St will do?

Demand the auto makers take advantage of lower tax rates/ avoid tariff costs / buy American as there is value to be created for shareholders by doing so

meanwhile as you warp yourself in patriotic self delusion:

https://ca.finance.yahoo.com/news/dairy-supply-management-could-sour-100406201.html

Dairy supply management could sour Canada-US trade talks


Trump, however, threatened in a Truth Social post on Friday to derail talks and impose new tariffs due to the digital service tax, which had been scheduled to take effect on Monday.

In the same post, Trump also attacked tariffs on dairy products.

Carney and Trump both confirmed negotiations had restarted with the removal of the tax.

"Trump is basically one Truth Social post away from creating political chaos in Canada," said Sylvain Charlebois, a food industry analyst and professor at Dalhousie University.


While some said dropping the digital services tax made Canada look weak, it has not been politically explosive and the tax was a little-known measure for many Canadians.

On the other hand, parliament amended legislation shortly before starting summer break to prevent supply management from being put on the table during trade talks, with unanimous support from all political parties in the House of Commons.

Still, trade experts say the recent legislation would not stop Canada's negotiators from discussing it.

"At the end of the day, a Canadian government is going to do what it needs to do with supply management to get a deal," said Tyler McCann, the managing director of the Canadian Agri-Food Policy Institute, who thinks many farmers have a false belief that the legislation is binding.[/QUOTE]

 

[Butler1000]

yes it will




THE US will steal some of Canada share of North American Auto production





nope
new production will go to the USA
Canadian production will be dialed back / moth balled


Demand the auto makers take advantage of lower tax rates/ avoid tariff costs / buy American as there is value to be created for shareholders by doing so

meanwhile as you warp yourself in patriotic self delusion:

https://ca.finance.yahoo.com/news/dairy-supply-management-could-sour-100406201.html

Dairy supply management could sour Canada-US trade talks


Trump, however, threatened in a Truth Social post on Friday to derail talks and impose new tariffs due to the digital service tax, which had been scheduled to take effect on Monday.

In the same post, Trump also attacked tariffs on dairy products.

Carney and Trump both confirmed negotiations had restarted with the removal of the tax.

"Trump is basically one Truth Social post away from creating political chaos in Canada," said Sylvain Charlebois, a food industry analyst and professor at Dalhousie University.


While some said dropping the digital services tax made Canada look weak, it has not been politically explosive and the tax was a little-known measure for many Canadians.

On the other hand, parliament amended legislation shortly before starting summer break to prevent supply management from being put on the table during trade talks, with unanimous support from all political parties in the House of Commons.

Still, trade experts say the recent legislation would not stop Canada's negotiators from discussing it.

"At the end of the day, a Canadian government is going to do what it needs to do with supply management to get a deal," said Tyler McCann, the managing director of the Canadian Agri-Food Policy Institute, who thinks many farmers have a false belief that the legislation is binding.

[/QUOTE]

My god, you actually believe Trump, don't you?

 

[JohnLarue]

My god, you actually believe Trump, don't you?

my god you are dozy

I quote a a trade expert and somehow you conflate that into your bullshit "Trump worship"

you do not know how to separate logic / reality from emotion
grow up

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives

 

[Butler1000]

my god you are dozy

I quote a a trade expert and somehow you conflate that into your bullshit "Trump worship"

you do not know how to separate logic / reality from emotion
grow up

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives

You are basing all your assumptions on believing Trump. That's why I said it. Did you know Trump didn't EVEN KNOW cuts to Medicaid are in the BB Bill?

He is just spouting slogans without doing the actual work.

And I'm spitting facts. Nixon went to China in the early 70's and they spent 50 years building out their manufacturing base and ability to add and adapt while the USA spent that same time off shoring and allowing the infrastructure, from rail spurs, to buildings, roads, electrical grid, and more importantly institutional knowledge and training to rot and lapse.

And you expect the USA, by your own words, to recover that in three years?

How can you be serious?

 

[Frankfooter]

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives

Yet you back everything he stands for.

 

[JohnLarue]

You are basing all your assumptions on believing Trump. That's why I said it

don't be an idiot

. Did you know Trump didn't EVEN KNOW cuts to Medicaid are in the BB Bill?

again totally irrelevant to the question of reshoring and Canadian export dependence on the US

again you are all over the place

He is just spouting slogans without doing the actual work.

And I'm spitting facts. Nixon went to China in the early 70's and they spent 50 years building out their manufacturing base and ability to add and adapt while the USA spent that same time off shoring and allowing the infrastructure, from rail spurs, to buildings, roads, electrical grid, and more importantly institutional knowledge and training to rot and lapse

.

don't be an idiot
1970s China is not todays USA,

And you expect the USA, by your own words, to recover that in three years?

do not misquote me

I said there will be reshoring of manufacturing to the US and I also said there is no way in hell Canada will suddenly diversify its trade

How can you be serious?

you do not know how to separate logic / reality from emotion
grow up

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives

 

[Butler1000]

don't be an idiot



again totally irrelevant to the question of reshoring and Canadian export dependence on the US

again you are all over the place

He is just spouting slogans without doing the actual work.

.

don't be an idiot
1970s China is not todays USA,




do not misquote me

I said there will be reshoring of manufacturing to the US and I also said there is no way in hell Canada will suddenly diversify its trade



you do not know how to separate logic / reality from emotion
grow up

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives

It's amazing how ill informed you are.

 

[JohnLarue]

It's amazing how ill informed you are.

it is amazing how misguided by Trump derangement syndrome you are.

you do not know how to separate logic / reality from emotion
grow up and stop being an idiot

Trumps a prick, acting as bully- and not well liked in Canada
you have allowed your bias to cloud your judgement and assessment of his objectives