On June 30, Canada officially scrapped a planned tax on major US tech firms, aimed at rejuvenating stalled trade negotiations with the United States.

• The digital services tax (DST), a 3% charge on revenues exceeding $20m, would have cost tech giants over $2bn annually.
• President Donald Trump criticized the tax as a “blatant attack,” prompting Canada to act swiftly to facilitate trade discussions.
• Canada's finance minister François-Philippe Champagne emphasized their preference for a multilateral agreement on digital taxation.