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Ottawa Backs Down on Digital Tax Dispute Amid Pressure from Trump White House

Canada has reportedly agreed to delay its planned digital services tax (DST) following pressure from former U.S. President Donald Trump’s administration, according to a recent statement from the White House. The tax, which was originally slated to target tech giants like Amazon, Meta, and Google, had been a major sticking point in U.S.-Canada trade discussions. The White House claimed Canada “caved” to U.S. demands after months of negotiations, with Trump’s team arguing the tax unfairly targeted American firms. The Canadian government, however, framed the delay as a strategic move to preserve economic stability and avoid retaliatory tariffs. Critics within Canada argue that the government’s decision reflects a growing trend of yielding to U.S. economic influence, while others say the delay is pragmatic given ongoing global talks about a coordinated approach to taxing digital revenues. The issue remains contentious, and observers are watching closely to see whether Canada will revive th...
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Trump Delays Tariffs on Canada and Mexico to April 2

 

In a recent announcement, U.S. President Donald Trump has postponed the implementation of 25% tariffs on imports from Canada and Mexico to April 2. This decision comes after an initial deadline of March 4 was set earlier this month. The delay was revealed during Trump's first cabinet meeting, where he mentioned his superstition about starting the tariffs on April 1.

The tariffs, which target non-energy goods from Canada and various imports from Mexico, have been a point of contention between the U.S. and its neighboring countries. Canadian officials and premiers have been actively engaging with the Trump administration in an attempt to negotiate a resolution.

The announcement has led to fluctuations in the value of the Canadian dollar and Mexican peso, reflecting the uncertainty surrounding the trade policies. As the new deadline approaches, the focus will be on how Canada and Mexico respond to the U.S. demands and whether further delays or adjustments will be made.



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