Trump’s Trade U-Turn: Canada Skeptical of Restarted Negotiations
Trade negotiations between the United States and Canada resumed Monday morning after Canada scrapped its digital services tax targeting large technology firms. Prime Minister Mark Carney and U.S. President Donald Trump agreed to continue talks, aiming for the previously set July 21 deadline. The White House Press Secretary stated Canada “caved” to Trump’s demands, who had ended trade discussions over the tax. Despite the reversal, Canada remains in discussions with G7 allies regarding an international tax, and both sides express optimism about reaching an agreement within the established timeframe.
John Q. Hosedrinker