Canadian Prime Minister Mark Carney announced Sunday that Canada will rescind its planned digital services tax on U.S. technology firms, paving the way for trade talks with the United States to resume. U.S. President Donald Trump had suspended discussions Friday, calling the tax “a direct and blatant attack.”
The tax, scheduled to take effect Monday, targeted revenues from online services operating in Canada. Carney and Trump spoke by phone and agreed to restart negotiations toward a July 21 deadline set during the recent G7 summit in Alberta. The move aims to defuse tensions and restore momentum in bilateral trade discussions.
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