Canada and U. S. Trade Talks Back On: What Changed?
CanadaMon Jun 30 2025
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Canada and the U. S. are talking again. Why? Because Canada decided not to tax big U. S. tech companies. This tax was a big deal. It would have hit companies like Amazon, Google, and Meta. The tax was set to start soon, but Canada changed its mind.
President Trump was not happy about the tax. He said it was unfair to the U. S. He even stopped all trade talks with Canada because of it. But after Canada dropped the tax plan, talks are back on. This is a big win for the U. S. and big tech companies.
The two countries have a lot to talk about. There are high taxes on goods like steel, aluminum, and cars. Trump has also put extra taxes on imports. Canada and Mexico have some protection from these taxes. But many goods still face high costs.
Some people think Canada gave in too easily. They say Canada should have stood up to Trump. Others think it was a smart move. They say it keeps the relationship strong.
Canada's finance minister said dropping the tax will help talks move forward. He talked to the U. S. Treasury secretary about it. Trump and Canada's prime minister also spoke. They agreed to keep talking.
This is not the first time Trump has caused trouble in trade talks. He has been tough on Canada since he became president again. He even joked about making Canada a U. S. state. But now, they are trying to work things out.
The goal is to have a new deal by next year. Both countries want to make things better. But it won't be easy. There are still many issues to solve.
https://localnews.ai/article/canada-and-u-s-trade-talks-back-on-what-changed-cbf895af
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