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Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said rescinding the tax is essential to reviving stalled negotiations. Ottawa had previously vowed not to yield, but with over 80% of Canadian exports reliant on the U.S., the rollback clears the way for renewed talks ahead of a July 21, 2025 deadline.
#Canada #DigitalTax #Trump #USCanadaTrade #TradeTalks #Amazon #Meta #Google #TechTax #TariffThreat #DigitalServicesTax #Ottawa #MarkCarney #USExports #TradeFreeze #BreakingNews #EconomicPolicy #TradeDeal #CanadaUSRelations #FinanceMinister #TradeReversal #DigitalEconomy #CanadaBacktracks #TrumpTariffs #TaxRollback #BilateralTalks #GlobalTrade
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Speaking to reporters after Wednesday’s meeting, Brazil's President Lula da Silva said developed nations must make good on their pledges to provide monetary support for forest protection.
Credit: euronews (in English) Duration: 01:00Published
Speaking at a meeting of eight South American countries in Belem, Brazil's Foreign Minister, Mauro Vieira, says "there has been an agreement...an understanding on the issue of deforestation" after the..
8 South American countries have agreed to launch an alliance to fight deforestation in the Amazon, vowing at a summit in Brazil to stop the world’s biggest rainforest from reaching "a point of no..
South American summit seeks roadmap to save Amazon
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