Canadian prime minister says U.S. trade talks resume after Canada rescinded tech tax [View all]
Source: NPR
June 30, 2025 2:01 AM ET
TORONTO — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.
U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country."
The Canadian government said "in anticipation" of a trade deal "Canada would rescind" the Digital Serves Tax. The tax was set to go into effect Monday.
Carney and Trump spoke on the phone Sunday, and Carney's office said they agreed to resume negotiations. "Today's announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month's G7 Leaders' Summit in Kananaskis," Carney said in a statement.
Read more: https://www.npr.org/2025/06/30/nx-s1-5451242/canada-us-trade-talks-tech-carney-trump
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