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Canada to scrap digital services tax to advance tariff talks with US

Canada to scrap digital services tax to advance tariff talks with US

NHKa day ago
Canada says it will scrap the digital services tax as a way to advance tariff negotiations with the United States.
The Canadian government announced on Sunday that it will abolish the tax introduced last year, and that the first tax collection scheduled for Monday will be halted.
The government also said it will submit draft legislation aimed at scrapping the tax to parliament.
US President Donald Trump has criticized the tax for targeting US tech giants. On Friday, he expressed his intention of calling off tariff negotiations with Canada.
Canada says Prime Minister Mark Carney and Trump have agreed to resume negotiations with "a view towards agreeing on a deal by July 21."
Carney said in a statement that Sunday's announcement will support a resumption of negotiations.
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