<ul data-eligibleForWebStory="true"><li>Canada decided to cancel its digital services tax targeting American tech companies to revive trade talks with President Trump before its scheduled start.</li><li>President Trump and Canadian Prime Minister Mark Carney are set to resume negotiations to finalize a trade agreement by July 21.</li><li>The digital tax, aimed at firms earning digital services revenue above $20 million from Canadian users, would have impacted U.S. tech giants like Amazon, Meta, Google, and Apple.</li><li>Canada's Finance Minister will introduce legislation to retract the Digital Services Tax Act after facing criticism from the U.S., with Commerce Secretary Howard Lutnick thanking Canada for scrapping the tax.</li></ul>

Canada rescinds digital services tax to advance stalled trade talks with President Trump

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