Canada Drops Tech Tax to Restart US Trade Talks
GiuliaDigital Marketing2025-06-304412

Canada has withdrawn its digital services tax on technology companies to restart trade talks with the US. US President Donald Trump and Canadian Prime Minister Mark Carney agreed the countries will restart negotiations and try to agree on a deal by July 21, according to a statement. Bloomberg's Jill Disis reports.
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The trade arena has witnessed a slight breather as Canada drops its tech tax in an effort to revive negotiations with the US, signaling potential for renewed economic cooperation amid increased political friction worldwide.

The abandonment of the Canadian tech tax signals a constructive step towards reviving trade negotiations with the US, demonstratingFTA.采用的是以加拿大放弃技术税为积极信号,意在重启与美国的贸易谈判。