
Rob Gillies of the Associated Press reports that Canadian Prime Minister Mark Carney announced Sunday that trade talks with the U.S. have resumed after Canada agreed to rescind its planned Digital Services Tax, which was set to take effect Monday. The move follows U.S. President Donald Trump’s suspension of talks, calling the tax a โblatant attack.โ Following a phone call between the two leaders, both sides agreed to restart negotiations, with a July 21, 2025, deadline set at the recent G7 summit in Alberta. Gillies writes:
Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.
U.S. President Donald Trump said Friday that he was suspendingย trade talks with Canadaย over its plans to continue with its tax on technology firms, which he called โa direct and blatant attack on our country.โ
The Canadian government said โin anticipationโ of a trade deal โCanada would rescindโ the Digital Serves Tax. The tax was set to go into effect Monday. […]
Trump traveled to Canada for the G7 summitย in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks.
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