Mark Carney responds to Trump's 35% tariff threat to Canada
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Canada is seeking to finalise a free trade deal with Southeast Asian nations as part of a push to expand into new markets, its top diplomat said, responding to the hefty tariffs imposed on it by the United States,
“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians,” Canadian Finance Minister François-Philippe Champagne said in a statement Sunday night.
International Trade Minister Maninder Sidhu says Canada has a chance to build new partnerships as U.S. tariffs continue to pummel world economies. But landing deeper ties with major markets like the U.
Canada has abruptly scrapped its plan to enforce a new digital service tax on American tech firms – days after President Trump blasted the “foolish” move as a “direct and blatant attack” on the United States.
Canada reversed its digital tax on U.S. tech firms, prompting the resumption of trade talks Trump had suspended over the policy.
Fourth of July party hosted by the U.S. ambassador to Canada occurred this year amid strained relations and resurgent Canadian patriotism.
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Canada’s decision to rescind its digital services tax (DST) to restart trade negotiations with the U.S. represents a boon for major tech firms and could be a harbinger for similar measures in
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PhilStar Global on MSNMarcos, Canada PM discuss enhancing trade, defense relationsPresident Marcos and Canadian Prime Minister Mark Carney discussed on Thursday night ways to enhance trade and defense relations between the Philippines and Canada.