It took exactly one Truth Social post to bring the Canadian government to heel. President Trump saw Canada’s digital tax for what it was—a direct hit job on U.S. tech companies—and fired off a warning that trade talks were off unless the tax was scrapped. Just like that, the mighty maple leaf folded like a dollar-store lawn chair in a thunderstorm.
Carney’s Crash Course in Trump Economics
Mark Carney, the new Canadian prime minister and professional globalist, just got his first lesson in Trump-style negotiation. Hours before his big shiny Trudeau-era tax was set to take effect, he quietly waved the white flag. Instead of taxing U.S. companies billions for the crime of doing business in Canada, he announced a complete reversal and pledged to start real trade talks. Welcome to the real world, Mark.
Trudeau’s Legacy: Broken and Deleted
Let’s not forget this tax was a leftover from Trudeau’s progressive fever dreams—a policy that had been festering since 2021. Carney’s sudden about-face is more than just economic—it’s political. He’s signaling that Trudeau’s globalist agenda is officially up for fire sale. In fact, Sunday’s announcement used the phrase “Canada’s new government” several times, which is Canadian for “please stop treating us like Trudeau still lives here.”
A Retroactive Heist Masquerading as Policy
The digital services tax was pure robbery dressed up as policy. It targeted companies like Meta, Amazon, and Google, demanding a retroactive 3% tax on digital revenue from Canadian users dating back to 2022. The first payment alone would’ve cost American firms about $2.7 billion CAD. That’s not tax policy—it’s ransomware.
Trump Called the Bluff—and Then Some
Trump didn’t even need to threaten tariffs this time. He simply said he was done talking unless the tax vanished. That wasn’t just a negotiation tactic—it was a power move. And it worked. Carney didn’t just pause the tax—he’s now introducing legislation to kill it entirely. That’s a political KO, and Trump didn’t even get off the golf course.
Big Tech, Big Target, Big Backfire
This wasn’t just about Canada needing money—it was about scoring points with the anti-Big Tech crowd. But Carney miscalculated. Instead of sticking it to Silicon Valley, he ended up igniting a trade war with the U.S. and learned the hard way that Trump doesn’t play these games. Especially not when American companies are being used as ATMs for foreign governments.
USMCA Still Stands—But So Does Trump’s Red Line
Yes, we still have the USMCA, but Trump made it clear that the agreement isn’t worth the paper it’s printed on if countries start cheating. Canada thought they could sneak one past the goalie. Trump promptly reminded them that he’s still in the arena—and he still keeps score.
What’s Next: A Deal or Another Showdown?
Carney and Trump now have until July 21 to hammer out a new trade agreement. And while Canada is clearly coming to the table with hat in hand, don’t expect Trump to make it easy. He just won the first round without breaking a sweat—and Carney knows full well what happens if he tries another Trudeau-style stunt.
Final Verdict: Tactical Retreat, Strategic Win
Let’s call this what it is—a decisive, humiliating retreat for Canada and a clear, commanding win for Trump. He protected American businesses, reasserted his dominance on the global stage, and forced a foreign government to reverse course with nothing more than a social media post. Not bad for a weekend.
WE’D LOVE TO HEAR YOUR THOUGHTS! PLEASE COMMENT BELOW.
JIMMY
Find more articles like this at steadfastandloyal.com
h/t: Steadfast and Loyal
