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.
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Explained! Why President Trump abruptly ended all trade talks with Canada. Trump called Canada's Digital Services Tax a ādirect & blatant attackā on U.S. firms. The tax, retroactive to 2022, targets tech giants like Amazon, Meta, and Google, sparking fierce backlash. Trump also threatened new tariffs on Canadian exports, reigniting major trade tensions. With over 80% of Canadian exports headed to the U.S., the move could disrupt industries and escalate economic strain on both sides of the border.
#TrumpVsCanada #DigitalServicesTax #USCanadaTensions #TradeWar #TrumpTradePolicy #CanadaTax #BigTechTax #USCanadaRelations #TariffThreat #BreakingNews #Amazon #Google #Meta #Uber #TradeTalksCollapsed #RetaliationPolitics #TruthSocialPost #GlobalTradeCrisis #TechTaxBattle #DigitalTaxDispute #USExports #CanadaEconomy #Trump2025 #TradeDisruption #USPolitics #CanadaNews #CrossBorderTensions #TradeBacklash #RetroactiveTax #EconomicTensions #NorthAmericaTrade #GlobalMarketImpact
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Jeff Bezos and Lauren SƔnchez are officially married, but their wedding in Venice, Italy was marred by billionaire-bashing protests. The Amazon billionaire and former TV anchor tied the knot Friday in a lavish celebration. The guest list for the three-day, $10 million extravaganza included Oprah, Bill Gates, Kim Kardashian, Khloe Kardashian, Karlie Kloss, Ivanka Trump, Orlando Bloom and Leonardo DiCaprio, just to name a few.
Credit: The Hollywood Reporter Duration: 01:39Published
Jeff Bezos and Lauren Sanchez are sparing no expense for their wedding guests ... tossing them some great gifts -- which also happen to be a great advertising.. TMZ.com
Lauren Sanchez is tacking "Bezos" onto her last name ... sharing a pic of herself in a gorgeous white wedding dress and changing her name on IG. The star -- who.. TMZ.com
The Allahabad High Court denied bail to a 62-year-old man accused of sharing a "Pakistan Zindabad" post on Facebook. Justice Siddharth stated that judicial.. IndiaTimes
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Ben Askren has undergone double lung transplant surgery ... and following the procedure, his wife shared she's now full of optimism about his future. Amy Askren.. TMZ.com
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