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Canada: To rescind digital services tax to advance broader trade negotiations with US

FXstreet.com Monday, 30 June 2025 ()
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Video Credit: Oneindia - Published
News video: Canada STRIKES BACK after Trump KILLS Trade Talks | Canada Slaps 50% Additional Tariff on U.S Steel

Canada STRIKES BACK after Trump KILLS Trade Talks | Canada Slaps 50% Additional Tariff on U.S Steel 03:17

 Canada has hit back hard after Donald Trump abruptly terminated all trade talks, citing Canada’s Digital Services Tax. In response, Canada imposed strict quotas on U.S. steel imports and a 50% surcharge on excess shipments. Finance officials warn more steps may follow to counter “unjust...

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Related news from verified sources

US tech giants saved billions with Canada backing off its digital services tax

 Canada rescinded the Digital Services Act after Donald Trump threatened to terminate trade talks on Friday.
Business Insider Also reported by •Zee News •IndiaTimes

Canada drops tech tax: White House Says Ottawa 'Caved' to Trump; trade talk to resume

 The White House declared that Canada's Prime Minister Mark Carney yielded to President Trump's pressure by withdrawing a digital services tax targeting American...
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