Canada rescinds digital services tax after Trump suspends trade talks

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Canada has rescinded its digital services tax in a bid to advance trade negotiations with the United States, days after US President Donald Trump called off talks in retaliation for the levy.

Canadian Prime Minister Mark Carney, in a statement on Sunday, said he and Trump have now agreed to resume trade negotiations.

โ€œTodayโ€™s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this monthโ€™s G7 Leadersโ€™ Summit in Kananaskis,โ€ Carney said.

The Canadian levy on technology firms had been set to go into effect on Monday. (Aljazeera)

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