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Trump halts trade negotiations with Canada over tax on Big Tech.
In a post on Truth Social, Trump said the US is “terminating ALL discussions” on trade with Canada due to the country’s decision to move forward with its digital services tax, which targets US tech giants like Amazon, Google, and Meta.
Though Canada first implemented the digital services tax last year, it’s set to collect its first round of payments on Monday, which will retroactively apply to 2022.
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