Canada rescinds tax hitting U.S. tech firms, to resume trade talks, says Prime Minister Carney

Canadian Prime Minister Mark Carney said late on Sunday (June 29, 2025) trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

U.S. President Donald Trump said on Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.”

source:thehindu.com