Canada had approved a 3 percent digital last year in June and the first set of payments is due on Monday.
In response to Canada’s new 3% digital services tax, President Trump announced the immediate termination of trade talks with Canada, labeling the tax a “blatant attack.” While Canada plans to proceed with the tax collection starting Monday, experts suggest it may need to negotiate to mitigate escalating tensions and potential tariffs.
Explain It To Me Like I’m 5: President Trump is really upset with Canada because they want to charge a new tax on companies that make money from people in Canada using the internet, so he decided to stop talking about trade with them.
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