Canada said Sunday it will rescind taxes impacting US tech firms in hopes of reaching a trade agreement with Washington, after US President Donald Trump called off talks with Ottawa in retaliation for the levy.
Canadian finance minister Francois-Philippe Champagne "announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States," a government statement said.
It added that Trump and Canadian Prime Minister Mark Carney "have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025."
Canadian finance minister Francois-Philippe Champagne "announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States," a government statement said.
It added that Trump and Canadian Prime Minister Mark Carney "have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025."
You may also like
'I want to win because I'm skint' admits darts legend as he returns to televised event
Is your weight decreasing very fast? Know when this becomes the biggest symptom of cancer?
How much education loan is available for B.Arch studies? Know the whole process in easy language.
Boris Becker announces his wife with 22-year age gap is pregnant in emotional video
How dirty is your towel, after how many days should it be cleaned? Understand the whole thing.
