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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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UAE Secures Deal to Acquire Advanced AI Chips from U.S

The United Arab Emirates (UAE) and the United States have reached an agreement allowing Abu Dhabi to purchase some of the most advanced artificial intelligence semiconductors from American companies. The deal, finalized during U.S. President Donald Trump's visit to Abu Dhabi, is seen as a significant step in strengthening technological cooperation between the two nations.  

Trump emphasized the economic benefits of the agreement, stating that it would generate billions of dollars in business and accelerate the UAE’s ambitions to become a global leader in artificial intelligence. The arrangement also reflects the U.S. administration’s confidence in managing the security of these chips, with provisions requiring data centers to be operated by American firms.  

The UAE has been actively investing in AI and technology, committing to a 10-year, $1.4 trillion investment framework in the U.S. across sectors such as energy, AI, and manufacturing. This latest agreement further cements the UAE’s position as a key player in the AI industry while reinforcing its strategic ties with the U.S.  

As the global race for AI dominance intensifies, this partnership marks a crucial development in the geopolitical landscape of advanced technology.

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