
OMG Canada Pulled a U Turn!
Okay dolls so apparently Canada decided to ditch its digital services tax like literally the day before it was supposed to start. Can you even imagine the scramble? It's like planning a Met Gala look and then changing your mind five minutes before you hit the carpet! They said it was 'in anticipation' of a better trade deal with the US. Translation? They got scared. Just saying! Like is that even contour?
Trump's Trade Tantrum: So Not Fetch!
And guess who's behind the drama? None other than former President Donald Trump! He was like 'Terminate ALL discussions on Trade with Canada!' over this tax. All caps people! Talk about a mood. It's giving me serious 'Kim there's people that are dying' vibes. But like for trade. Honestly the drama is so unnecessary! Can everyone chill?
Negotiations are Back On: Fingers Crossed They're Not Boring!
So now Canada is saying they're back to negotiating. They’re aiming for a deal by July 21 2025. That's like a whole year away! I hope they spice things up a bit. Maybe they need my negotiating skills? I'm like a black belt in getting what I want. Remember when I got that parking ticket dismissed? Iconic.
What Was the Tax Anyway? (I Had to Ask Kris!)
Okay so the tax was a 3% levy on big tech companies like Amazon Google and Meta. Basically Canada wanted their fair share. Smart move right? But apparently the US wasn’t feeling it. U.S. Treasury Secretary Scott Bessent sounded seriously annoyed. He’s like those retroactive taxes are 'patently unfair.' I mean I get it. Nobody likes surprises. Unless it's a Birkin.
Was it worth it? We will See..
Canada is hoping that rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians. Let's see what happens now...
The Takeaway: Trade is Complicated! (Just Like My Hair Routine)
The whole situation is a reminder that trade deals are like super complicated. It’s all about money power and who can rock a power suit the best. I'm just glad I'm not in charge. I'd probably just offer everyone a SKIMS bodysuit and call it a day. World peace through shapewear you know?
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