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Business live: Canada scraps digital tax to restart stalled US trade talks
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Open in Thetimes.comHighlights
- Canada dropped its 3% digital tax on U.S. tech firms to restart trade talks with the U.S.
- Trade negotiations between Canada and the U.S. will focus on economic stability and security, aiming for an agreement by mid-2025.
- Rescinding the digital tax helps Canada and the U.S. strengthen ties amid global economic uncertainties and China's slowdown.
Vote 16
References
Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks
Canada ditches tax on tech giants in bid to restart US trade talks
US, Canada trade talks to resume after digital tax scrapped – DW – 06/30/2025
Canadian prime minister says U.S. trade talks resume after Canada rescinded tech tax
Related Topics
politicsnegotiationnegotiationspolicyinternationaltradeunited states of americacanadainternational relationsstabilityrelationseconomiceconomic stabilitytrade policystatesrelationtrade negotiationstrade negotiationunitedstate
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