Posted on 07/01/2025 6:08:10 AM PDT by texas booster
Last night, Canada rescinded its digital services tax, a 3% levy on all goods and services produced by both domestic and foreign tech companies, like Amazon and Google, following threats from President Donald Trump that the United States would “terminate ALL discussions on Trade with Canada,” according to CNBC.
With the U.S.' northern neighbor at bay, for now, Americans should turn their attention to the south, where Mexican President Claudia Sheinbaum continues to criticize proposed remittance taxes while defending illegal immigration and even weighing in on U.S. civil unrest. Why the hostility?
(Excerpt) Read more at youtube.com ...
“ This is the killer. They're going to enforce the law all the way back to 2022. … There's $9 trillion of market capitalization in Silicon Valley. But the idea that they're going to be gouged for $2 or $3 billion right in the middle of these heated discussions.
“ They are playing with fire. I have a solution. Maybe we could take Mexico and put it next to Canada and let them fight it out with each other. And keep us out of it.”
(0:00) North American Trade Relations
(0:27) Trade Disputes with Mexico
(2:05) Canada's Digital Services Tax
(3:54) Mexico's Trade Surplus and Remittances
(5:25) Contentious Issues and Proposed Solutions
An excellent video from the Daily Signal short format series.
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Canada and Mexico are not our friends. They are parasites who cannot survive without feeding off the American taxpayers.
Technically, aren’t Google and Amazon domiciled in Ireland or some such place?
A lot of “American” companies are NOT American companies.
Why should the US bend over backwards with other countries with companies not domiciled here?
Forget taxing U.S. dollar remittances to Mexico.
CANCEL ALL REMITTANCES Period ! If Mexico wants a fight with Trump, give them the HEAVY artillery and fire for effect !
President Trump has the power to IMMEDIATELY STOP over $60 billion in U.S. dollar remittances being sent to Mexico.
These are U.S. dollars being earned inside the USA which SHOULD STAY INSIDE THE USA FOR THE BENEFIT OF AMERICANS !
Keep Mexico dirt poor as they would LOVE to do to the USA.
Mexico wants to do everything in its power to SCREW AMERICANS.
As I replied elsewhere, these two countries, Canada and Mexico, are opps and not friends, and they have been opps for decades, ever since NAFTA.
“Keep Mexico dirt poor as they would LOVE to do to the USA.”
Mexico is not dirt poor. Many streets in Tijuana are clogged with SUVs and cars.
The US motor vehicle industry has largely relocated to Mexico. There are still assembly plants in the USA.
“Mexican President Claudia Sheinbaum continues to criticize proposed remittance taxes while defending illegal immigration and even weighing in on U.S. civil unrest. Why the hostility?”
dinero
“Why the hostility?”
Three words:
third world nation
wy69
I bought a car about 18 months ago built in a U.S. plant. In my state, GA.
It’s a Kia.
“Why should the US bend over backwards with other countries with companies not domiciled here?”
The multinationals are typically majority owned by American shareholders.
Canada and Mexico are on our payroll - they will always be on our list payroll, they’ve gotten too big for their britches, however, and they need to have a conversation with the Boss.
WESTERN UNION & OTHERS ARE NOT SUPPORTING AMERICA, IMO
Who cares if a lot of Americans own a foreign company?
Tax/tariff the sh*t out of ANY money being sent into Mexico by people working in the USA.
Should the US resort to war if a foreign company that occasionally gets sold in the US has another foreign country fine it? Does a single manufacturing plant in the US change that calculation?
I think that answer is “No.”
I think VDH needs to rethink that solution. Love you though though Victor, but no. Bad solution.👍
Opn borders, unhindered migrations, bithright citizenship, remittances and the shunning of English is all part of the “Reconquesta”. Do you really think the Mexian President will hinder it in any way?
Tax domiciles and tariffs act in the same manner. Instead of eliminating destructive policies that retard economic growth and wealth creation and investment, the politicians allow companies to escape destructive taxes by leaving the country. Tariffs protect companies from the destructive forces of green dreams, EPA, OSHA, FTC, FDA, etc.. Thus allowing Apple to be foreign domiciled, import iPhones from China, and still be wink wink nod nod a US based company.
Why not have get rid of taxation on business and tariffs on products and eliminate all the bs laws that create the need for them in the first place?
Next to Pemex oil revenue, dollars wired home by Mexicans are Mexico’s largest source of income.
He promised to do this: tax these transfers in 2016.
Why hasn’t it been done? Do it..
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