Canada caves on tech tax, eyes deal during Trump's July trade scramble

Canada caves on tech tax, eyes deal during Trump's July trade scramble

June 30, 2025 / Swedan Margen /

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Canada caves on tech tax, eyes deal during Trump's July trade scramble
Canada bowed to White House demands and decided not to collect a tax on U.S. tech companies as planned Monday, a sign that President Trump’s hardball tactics are paying off as he cajoles dozens of trading partners to strike deals or face stiff tariffs on goods they send to U.S. markets.

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Swedan Margen

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