Tuesday, July 1, 2025

July 2025: TRUMP PRESIDENCY Canada Folds To Trump In Latest Trade Dispute With U.S.

Canada Folds To Trump In Latest Trade Dispute With U.S.
"It only took two days of pressure from President Donald Trump before Canada caved to his latest trade demands.
Canadian officials now say they will back off a so-called Digital Services Tax, which was set to be slapped on American companies selling services in Canada, even if they do not have a physical presence there. U.S. Treasury Secretary Scott Bessent had asked Canadian Prime Minister Mark Carney to pause implementation of the new tax while both countries continue negotiations toward a long-term trade deal." 
NYP

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