Canada Withdraws Digital Tax Amid U.S.-Canada Trade Tensions
TL;DR
Canada has rescinded its digital services tax on U.S. tech giants, leading President Trump to suspend trade talks, but the move is seen as a concession that favors Trump amid ongoing trade tensions between the two countries.
- In stunning reversal, tough-talking Canadians caves to Trump NJ.com
- Trump tariffs live updates: Canada scraps tech tax that infuriated Trump; Bessent warns on July 9 deadline Yahoo Finance
- Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks NBC News
- Canadian prime minister says U.S. trade talks resume after Canada rescinded tech tax NPR
- White House says Canada 'caved' to Trump over digital services tax CNBC
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