Trump Bullies Canada Into Killing Its Big Tech Tax

News Snapshot:

Donald Trump has reason to celebrate. In a stunningly rapid reversal, Ottawa has caved to his demands and rescinded a controversial tax aimed at American tech giants, ending a standoff that began on Friday. “Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States,” Finance Minister François-Philippe Champagne announced in a statement Sunday evening. Following the announcement, Prime Minister Mark Carney and President Trump “have agreed that the parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.” This marks a stunning and...