Canada revives U.S. trade talks after dropping digital services tax

1 min read
Source: BBC
Canada revives U.S. trade talks after dropping digital services tax
Photo: BBC
TL;DR Summary

Canada has decided to rescind its digital services tax on US tech companies to facilitate the restart of trade negotiations with the US, which had been strained by the tax and US threats of tariffs. The move aims to improve economic relations and avoid retaliation, with the tax originally intended to target large multinational tech firms operating in Canada.

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