Hub Podcasts Trump halting Canada-U.S. trade talks and immigration recklessness
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Jun 27, 2025 The hosts dive into Trump's latest tweet halting trade talks with Canada, raising concerns over economic repercussions. They dissect the contentious Digital Services Tax aimed at U.S. tech giants and its potential to strain Canada-U.S. relations. Additionally, they discuss Canadian immigration policy, spotlighting Conservative leader Pierre Poilievre's controversial support for a temporary net population decline. The episode is packed with analysis on how these issues intertwine amidst rising economic nationalism.
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Digital Services Tax Context
- The digital services tax (DST) targets U.S. tech companies by taxing their online revenue in Canada at 3%.
- It symbolizes Canada's proactive regulatory shift on digital economy contributions, despite its modest revenue impact.
Canada’s DST Stance vs U.S. Pushback
- Canada sticks to DST despite U.S. objections, aligning with similar European policies for digital regulation.
- However, the U.S. views it as a direct economic and political threat, escalating bilateral trade tensions.
Trade Talks Risk and Leverage Issues
- President Trump’s tweet halting trade talks over the DST signals increased unpredictability in U.S.-Canada trade relations.
- This raises concerns about Canada’s leverage and the negotiation dynamics with such a demanding U.S. administration.