U.S.-Canada Trade Talks Resume After Digital Tax Reversal
The United States will resume trade negotiations with Canada following Canada's decision to repeal its digital services tax on U.S. tech firms, a move that had been requested by President Trump at the G7 meeting.
- Country:
- United States
The White House announced plans to restart trade talks with Canada after the latter's repeal of a digital services tax impacting U.S. technology companies. The decision was confirmed by White House economic adviser Kevin Hassett during an appearance on Fox News.
President Donald Trump had previously urged Canada to remove the contentious tax during a G7 meeting, citing its potential adverse effects on ongoing trade relations between the two countries.
With Canada agreeing to remove the tax, expectations are high that negotiations will proceed smoothly, allowing both nations to focus on strengthening economic ties.
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