LeadStory

Give me the latest tech news

Asked 7 days ago

Answer

The latest tech news centers on Canada dropping its digital services tax, which was set to target major US technology companies like Meta, Google, and Amazon. This move follows pressure from US President Donald Trump, who had called off trade talks until the tax was abandoned. With the tax now scrapped, trade negotiations between Canada and the US have resumed, aiming for a new agreement by July 21st. Additionally, President Trump stated he does not plan to extend the 90-day pause on global tariffs, and there are ongoing efforts to secure a US buyer for TikTok.

References

What Trump's looming global tariff deadline could mean for Americans
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CBS America
8 days ago
What Trump's looming global tariff deadline could mean for Americans

Trade negotiations between the US and Canada have resumed after Canada scrapped its digital services tax on US tech firms. President Trump does not plan to extend the 90-day pause on tariffs, and there are ongoing efforts to secure a US buyer for TikTok.

Canada scraps digital services tax, says U.S. trade talks resumed
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CBS News
8 days ago
Canada scraps digital services tax, says U.S. trade talks resumed

Canadian Prime Minister Mark Carney confirmed that trade talks with the US have resumed after Canada dropped its planned digital services tax targeting US tech firms.

Canada drops digital services tax after Trump repeats trade threats
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CBC News
8 days ago
Canada drops digital services tax after Trump repeats trade threats

Canada has announced it will no longer implement its digital services tax targeting big tech companies, following renewed trade threats from President Trump. This decision allows trade talks with the US to resume.

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