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Will the US impose trade tariffs in response to Canada's digital-services tax by the end of 2024?

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Canada•Canadian•Biden•Congress•Trudeau

Resolution / Starting Odds

Yes • 50%

No • 50%

Official announcements from the US Trade Representative or other US government sources

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Canada Enacts 3% Digital-Services Tax Amid US Reprisal Threat on June 28

Jul 4, 2024, 12:39 PM

Canada has authorized the implementation of a digital-services tax, which imposes a 3% levy on revenue from large foreign tech companies. This tax, retroactive to 2022, applies to revenues above C$20 million from Canadian users. The move has prompted warnings of trade retaliation from the Biden administration and Congress. A notice published late Wednesday indicated that the Trudeau-led cabinet enacted the tax on June 28.

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Will the U.S. impose trade tariffs on Canada in response to the digital services tax by the end of 2024?

Yes • 50%

No • 50%

What retaliatory action will the U.S. take against Canada in response to the digital services tax by the end of 2024?

Impose new tariffs • 25%

File a complaint with the WTO • 25%

Negotiate a settlement • 25%

No action taken • 25%

Will Canada impose retaliatory tariffs on U.S. goods by the end of 2024?

Yes • 50%

No • 50%

Will the U.S. impose a 25% tariff on Canadian imports by the end of 2024?

Yes • 50%

No • 50%

Will the U.S. impose retaliatory tariffs on Canada by December 31, 2024?

Yes • 50%

No • 50%

Will the U.S. impose a 25% tariff on Canada by end of 2025?

Yes • 50%

No • 50%

Will the U.S. impose a 25% tariff on Canadian goods by March 31, 2025?

Yes • 50%

No • 50%

Will the U.S. impose tariffs on Canadian imports by June 30, 2025?

Yes • 50%

No • 50%

Will the U.S. implement new tariffs on Canada by June 30, 2025?

Yes • 50%

No • 50%

Will the U.S. impose a 25% tariff on Canadian goods by March 2025?

Yes • 50%

No • 50%

Will the US implement a 25% tariff on Canadian imports by March 31, 2025?

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No • 50%

Will the US implement a 25% tariff on Canadian products by Jan 21, 2025?

Yes • 50%

No • 50%

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Will Canada suspend the digital-services tax by the end of 2024?

No • 50%

Yes • 50%

Will the US and Canada reach a trade agreement resolving the digital-services tax issue by the end of 2024?

No • 50%

Yes • 50%

Which country will be the first to follow Canada in implementing a similar digital-services tax by the end of 2024?

Germany • 25%

Other • 25%

United Kingdom • 25%

France • 25%

Which sector will be most affected by US trade retaliation measures in response to Canada's digital-services tax by the end of 2024?

Technology • 25%

Automotive • 25%

Other • 25%

Agriculture • 25%