Monday, June 30, 2025

Canada PM Carney resumes commerce talks with US

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech taxCanada PM Carney resumes commerce talks with US

(COMBO) This mixture of images created on March 12, 2025 exhibits Canada PM Mark Carney and
US President Donald Trump. Talks between Canada and the US have resumed. (Picture by ANDREJ IVANOV and ROBERTO SCHMIDT / AFP)

TORONTO, Canada — Canadian Prime Minister Mark Carney says commerce talks with the USA have resumed after Canada rescinded its plan to tax US expertise corporations.

US President Donald Trump stated Friday that the US was suspending commerce talks with Canada over its plans to proceed with its tax on expertise corporations, which he referred to as “a direct and blatant assault on our nation.”

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READ: Trump ends commerce talks with Canada over tax on US tech corporations

The Canadian authorities says “in anticipation” of a commerce deal “Canada would rescind” the Digital Serves Tax.

Carney’s workplace stated Carney and Trump have agreed to renew negotiations.

Trump, in a put up on his social media community final Friday, stated Canada had simply knowledgeable the US that it was sticking to its plan to impose the digital companies tax, which applies to Canadian and international companies that interact with on-line customers in Canada.

The tax was set to enter impact Monday.



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