Canada Withdraws Digital Services Tax to Boost U.S. Trade Negotiations
TL;DR Summary
Canada has rescinded its digital services tax to facilitate renewed trade negotiations with the U.S., which were previously halted by President Trump in response to the tax on American tech firms like Amazon, Google, and Meta. The move aims to support a comprehensive trade agreement and is part of ongoing efforts to strengthen economic and security ties between the two countries.
- Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks CNBC
- Canada scraps tech tax to advance Trump trade talks Financial Times
- What is Canada's digital services tax — and why does Trump dislike it so much? CBC
- Canada rescinds digital services tax in a bid to advance trade talks with US Reuters
- Breakdown in Trade Talks Between U.S. and Canada, Explained Time Magazine
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