Canada rescinds Digital Services Tax to advance broader trade negotiations with the US ...Middle East

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Canada rescinds Digital Services Tax to advance broader trade negotiations with the US

Canada rescinds Digital Services Tax. Via a Canada finance ministry statement on Sunday.

CAD jumps a little higher.

    On Friday we had this:

    Trump cancels trade talks with Canada

    Adam suggested that:

    I imagine this is all theatre as Trump lays the groundwork for a deal. Canada is obviously prepared to drop this tax if the US drops tariffs.

    Spot on.

    So, Canada rescinds digital services tax:

    Trump and Carney agreed to resume negotiations.Target is a trade deal by July 21. This article was written by Eamonn Sheridan at www.forexlive.com.

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