Carney caves, rescinds digital services tax in bid to appease Trump

Once again, President Trump wins bigly, scoring a TKO in the latest round of the trade war with Canuckistan. Marx Carnage, the stoop-shouldered, narrow-chested prime minister of the putative 51st state, pushed his Chief Fart-catcher, François-Philippe Champagne, in front of the curtain late yesterday afternoon to announce the scrapping of the digital services tax targeting US technology firms, just hours before it was due to take effect.

The  abject surrender is a desperate attempt to restart stalled trade negotiations, in order to agree on a deal by July 21st, the date set at the recently concluded meeting of the G7. President Trump abruptly called off trade talks on Friday over the tax, calling it a "blatant attack". 

The Donald reiterated his comments on Sunday, pledging to set a new tariff rate on Canadian goods within the next week. This would have pushed US-Canada relations back into chaos after a period of relative calm. 

Canada is the second-largest U.S. trading partner after Mexico, and the largest buyer of US exports. According to US Census Bureau data, Canada bought $349.4 billion of American goods last year and exported $412.7 billion to America. Can the US of A get along without Canada? Can a fish get along without a bicycle? Can Canuckistan get along without the US of A? Errr....