by Sundance at The Conservative Treehouse
I was unaware until this interview the July 1st digital services tax that Canada is going to apply to U.S. tech companies is retroactive in application. Over a billion dollars will be due on Monday as a result of Canada’s targeting. Duplicitous Snow Mexicans.
Treasury Secretary Scott Bessent outlines the details of what Canada did and why President Trump is responding so forcefully. Bessent also explains that the EU doesn’t have a digital services tax, but some European countries do. President Trump is factoring in those targeted tariffs against our tech industry as he seeks to execute new trade agreements with the EU.
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Continue ReadingDigital Services Taxes are designed to unfairly target U.S. tech companies–punishing American innovation and costing our economy and companies tens of billions.
Why do countries think they can attack our technology companies and then turn around and try to take advantage of… pic.twitter.com/2yZSSryA4h
— Howard Lutnick (@howardlutnick) June 27, 2025