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Canada Drops Tax That Triggered Halt in Trade Talks With Trump
Financial Express Pune
|July 01, 2025
CANADA SCRAPPED ITS digital services tax targeting US technology firms just hours before it was due to take effect on Monday, in a bid to advance stalled trade negotiations with the US.
CANADA SCRAPPED ITS digital services tax targeting US technology firms just hours before it was due to take effect on Monday, in a bid to advance stalled trade negotiations with the US. Canadian Prime Minister Mark Carney and US President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Canada's finance ministry said in a statement on Sunday.
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