For example,
Resumption ottawa-washington negotiations commercial agreement:
Keystone-SDA
. Meanwhile, Canada has canceled a tax targeting technology giants in the hope of reaching a trade agreement with the United States. Consequently, He announced in the process the resumption of negotiations broken two days earlier by US President Donald Trump. In addition, – Resumption ottawa-washington negotiations commercial agreement
(Keystone-ATS) Canadian Minister of Finance, François-Philippe Champagne, “announced today [dimanche, ndlr] That Canada would cancel the digital services tax (TSN), “said a government statement. The latter specifies that the resumption of negotiations must lead to resumption ottawa-washington negotiations commercial agreement a trade agreement with Washington by July 21.
This relaxation between Canada. the United States occurred two days after breaking the discussions by the American president, who had described as “direct and obvious” worn in the United States the Ottawa tax targeting digital giants.
This 3% puncture on income from online advertising. sales platforms, social networks or the sale of personal data, was to enter into force on Monday and particularly touch the American heavy goods vehicles.
Multinational taxation
She notably targeted Google, Apple, Meta (Facebook), Amazon or Microsoft’s mastodons. They are accused of taking advantage of the intangible nature of their activity to escape tax.
“Withdraw the digital services tax will advance discussions. support our efforts to create jobs and build prosperity,” the Canadian Minister of Finance François-Philippe Champagne said on social network.
Donald Trump and the White House did not react immediately.
The TSN had been adopted last year temporarily, pending the culmination of resumption ottawa-washington negotiations commercial agreement international negotiations on the taxation of multinationals.
This tax was targeting digital players who generate annual global turnover greater than $ 1.1 billion Canadian and annual Canadian revenues over 20 million Canadian dollars.
Customs duties
On Friday. Donald Trump qualified the TSN as “scandalous” on his social social network and indicated that the United States would communicate in Canada, within seven days, the level of customs duties that would be imposed on him.
Canadian Prime Minister Mark Carney had in return promised to “continue to carry out these complex negotiations. in the best of Canadians”.
Since Donald Trump’s return to power in January. the US government has announced, then suspended, awaiting negotiations, several taxes on Canadian imports to the United States, while Canada has retaliated by imposing customs duties.
The American president has in particular targeted the Canadian automotive. steel and aluminum sectors, while the United States and Canada are, with Mexico, members of a resumption ottawa-washington negotiations commercial agreement free trade agreement (ACEUM or USMCA in English).
Relations between Ottawa. Washington have deteriorated under the second presidential term of Donald Trump, who has repeatedly asked that Canada becomes the 51st US state.
Further reading: Nearly 250,000 drivers concerned! – Donald Trump again worries markets – Rare prices and land: China confirms a commercial agreement with the United States – Ten years in prison for a member of New Brunswick Hells Angels – 271.9 million euros in turnover but investors flee.
