Mark Carney has rescinded the Digital Services Tax that has caused President Trump to call off trade negotiations with Canada, buckling under the pressure.
Carney has re-committed Canada to securing a trade deal with the US on the remaining trade issues by July 21, 2025.
“In our negotiations on a new economic and security relationship between Canada and the United States, Canada’s new government will always be guided by the overall contribution of any possible agreement to the best interests of Canadian workers and businesses. Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders’ Summit in Kananaskis.”
– Mark Carney
Assuming President Trump agrees, Canada could have a path toward resolution after this most embarrassing setback.
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