Canada BOWS DOWN to Trump’s PRESSURE | Rescinds Digital Tax after Trump ‘KILLED’ Trade talks
Video Credit: Oneindia - Duration: 03:12s - Published
Canada BOWS DOWN to Trump’s PRESSURE | Rescinds Digital Tax after Trump ‘KILLED’ Trade talks
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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Rumors of U.S. President Donald Trump’s death flooded social media after his sudden absence from public view, sending “Trump dead” and “Is Trump dead?” to the top of Google’s search trends. The president was last seen on August 24 at his Virginia golf club with former MLB pitcher Roger Clemens and later chaired a televised cabinet meeting on August 26. Since then, he has skipped all public appearances, sparking speculation about his health. Concern deepened after photos of Trump’s bruised hand and swollen ankles circulated online, fueling questions about his fitness. The White House previously disclosed he suffers from chronic venous insufficiency, a condition tied to age and circulation. Meanwhile, Vice President JD Vance intensified chatter by stating he is “ready to take over” if tragedy strikes. While Trump remains active on Truth Social, his absence from events keeps conspiracy theories alive.
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U.S. President Donald Trump has ignited a global trade storm by raising tariffs on Canadian imports to 35%, accusing Ottawa of failing to curb fentanyl and drug flows into America. Prime Minister Mark Carney defended Canada’s efforts, but Trump claimed negotiations fell short. The new rate—up from 25%—comes amid broader tariffs hitting dozens of countries.
Despite the USMCA shielding nearly 90% of Canadian exports, key goods like dairy, wood, and leather may still be taxed. Trump spared Mexico for now but warned that other nations—including Taiwan, India, Laos, and even Switzerland—face harsh levies, some as high as 41%. Critics warn of soaring consumer prices and economic disruption, but the White House insists the tariffs are "rebuilding the greatest economy in history." With global trade talks in limbo and retaliations expected, this marks Trump’s boldest move yet in his battle to reset world commerce.
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In a seismic shift in foreign policy, Canada has announced it will formally recognise the State of Palestine at the 80th UN General Assembly session in September 2025. Prime Minister Mark Carney declared the move essential to preserve hopes of a two-state solution—calling current efforts "eroded before our eyes." The decision follows similar recognitions by France and the UK, creating a powerful bloc pushing for Palestinian statehood. However, Carney made the recognition conditional—insisting on PA reforms, 2026 elections excluding Hamas, and full demilitarisation. Israel has blasted the decision, calling it a "distorted campaign of international pressure" and warning it legitimises Hamas's October 7 atrocities. Palestinian President Mahmud Abbas hailed the move as “historic.” The tension between international recognition and Israeli resistance could reshape global diplomacy on the conflict.
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Amid escalating trade hostilities from Trump’s high‑tariff agenda, Canada is forging a bold new path. Industry Minister Mélanie Joly announced Ottawa’s plan to defend jobs and supply chains by intensifying economic diplomacy and forging trade ties beyond the U.S. “While the U.S. becomes weaker,” Joly declared, “we will become stronger.”
With Washington threatening a sweeping 35% tariff starting August 1—and even mooting 50% levies on copper and 200% on pharmaceuticals—Canada is accelerating deals with the EU and diversifying its export strategy. Prime Minister Mark Carney called urgent cabinet and provincial meetings to map out the response and signal unity. Ottawa remains poised not just to withstand the U.S. onslaught but to come out fortified. As global unpredictability grows, Canada is betting big on economic resilience and a multipolar trade future.
#canadatrade #trumptariffs #economicdiplomacy #tradewar #diversification
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Bengaluru, once seen as just India’s outsourcing hub, is now the beating heart of a global tech revolution. With over 10,000 startups, world-class talent from IITs, and returning entrepreneurs from Silicon Valley, this city is rapidly redefining what it means to lead in innovation.
In this video, we explore how Bengaluru transformed into India’s Silicon Valley, how it’s building the future of AI, biotech, and space tech — and why global giants like Google, Microsoft, and Amazon are investing heavily here.
From government vision to grassroots ambition, this is the story of how a city in India is challenging Silicon Valley’s dominance — and may soon surpass it.
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Hungarian Prime Minister Viktor Orbán has vowed to block the EU’s new budget plan, refusing to support additional funding for Ukraine’s war effort. Orbán slammed the proposal as a “budget of hopelessness,” arguing it would harm European farmers, blackmail Hungary, and waste resources on a conflict Ukraine cannot win. He warned that 20–25% of the EU’s upcoming budget would directly go to Ukraine, leaving Europe weaker and divided. As Brussels pushes for unity, Orbán insists Ukraine should remain a partner, not a full EU member.
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