Canada rescinds tax hitting US tech firms: Govt
- Posted on June 30, 2025
- By Business News Today
- 4 Views

Canada rescinds tax hitting US tech firms: Govt

Canada has declared its intention to repeal taxes affecting US tech companies, aiming to facilitate a trade agreement with the United States. This decision follows President Trump's earlier cancellation of discussions with Ottawa in response to the levy. Both parties have agreed to resume negotiations, targeting a deal by July 21, 2025.