Canada Drops Digital Tax to Restart Trade Talks With US
Photographer: Graham Hughes/Bloomberg
Good morning. Canada drops its tech tax to restart trade talks with the US. Donald Trump’s tax bill faces Senate vote. And Apple’s F1 film tops the weekend box office. Listen to the day’s top stories.
Canada scrapped its digital services tax on tech firms such as Meta and Alphabet to revive trade negotiations with the US following Donald Trump’s threat to walk away. The president is also turning up the heat on other countries, floating the idea of keeping 25% tariffs on Japan’s cars as talks continue.