Trade Canada announces resumption of talks with the USA

SDA

30.6.2025 - 05:36

The repeal of Canada's digital tax is to form the basis for the resumption of negotiations between the USA and Canada.(archive image)
The repeal of Canada's digital tax is to form the basis for the resumption of negotiations between the USA and Canada.(archive image)
Keystone

In the hope of reaching a trade agreement with the USA, the Canadian government wants to revoke the digital tax for US companies. According to the Canadian government, both sides will resume negotiations that were interrupted due to the digital tax.

Keystone-SDA

Canadian Finance Minister François-Philippe Champagne announced "that Canada will repeal the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade agreement with the United States", according to a government statement on Sunday. The digital tax is particularly burdensome for tech companies.

It also said that US President Donald Trump and Canadian Prime Minister Mark Carney had agreed that both sides "will resume negotiations to reach an agreement by July 21, 2025".