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June 30, 2025 108 mins
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureCanada tried to put pressure on Trump and the US, it backfired, and Canada has now bowed to Trump. If they followed through Canada would have been a disaster. Inflation is not showing up in the tariffs, Powell running out of time. BBB is on its way, and once the President signs it, the economy is going to take off.Stage is set for the Federal Reserve.The [DS] is panicking, they thought they would be able to start WWIII, strings were cut and now their power is lost. CISA has now issued a cyber attack warning, right on schedule. The stage is set. All roads lead to Obama and Trump and team are bringing the [DS] down the path they want them to follow. This will not end well for the [DS].   Economy    are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter! https://twitter.com/disclosetv/status/1939522597550518357 If Canada had kept the Digital Services Tax (DST) in place, the financial and economic consequences would have been significant, primarily due to potential U.S. retaliation and disruptions to the Canada-U.S. trade relationship.   Lost Tax Revenue vs. Retaliatory Tariffs: The DST was projected to generate approximately C$5.9 billion (about US$4.3 billion) over five years, or roughly C$1.2 billion (US$870 million) annually, according to Canada’s 2024 federal budget However, U.S. President Donald Trump threatened to impose new tariffs on Canadian goods in response to the DST, which could have far exceeded the tax revenue. For context, Canada exports over US$400 billion in goods annually to the U.S., representing 75% of its total goods exports. If the U.S. imposed tariffs (e.g., 10-50% as suggested by Trump’s April 2025 tariff levels), the cost to Canadian exporters could have ranged from US$40 billion to US$200 billion annually, depending on the tariff rate and scope. Specific sectors like automobiles, energy, steel, and aluminum (already facing 50% U.S. tariffs) would have been hit hardest, with ripple effects across supply chains. Increased Costs for Canadian Consumers and Businesses: The DST would have imposed a 3% tax on digital services revenue from Canadian users, affecting U.S. tech giants like Amazon, Google, Meta, and Apple. Some companies, like Google, had already introduced surcharges (e.g., a 2.5% “Canada DST Fee” on ads starting October 2024) to offset compliance costs, which would have raised prices for Canadian consumers and businesses reliant on digital services. Canadian business groups warned that these costs would be passed on, increasing the price of digital subscriptions, online marketing, and e-commerce. Economic Impact of Retaliation: The U.S. could have targeted Canadian pension funds and investments through retaliatory measures, as warned by the Canadian Chamber of Commerce. A trade war could have exacerbated Canada’s economic slowdown, with unemployment already at 7% in 2025, potentially leading to job losses in export-dependent industries like manufacturing and energy.   Sector-Specific Impacts: Automotive and Manufacturing: Tariffs on automobiles and parts would have disrupted integrated North American supply chains, increasing costs for Canadian manufacturers and potentially le...
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