Canada rescinds tech tax in hopes of Trump deal

OTTAWA — Canada scrapped its digital services tax targeting US tech firms late on Sunday, just hours before it was due to take effect, in a bid to advance stalled trade talks with the United States.

Canadian Prime Minister Mark Carney and US President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Canada's Finance Ministry said.

Trump abruptly called off trade talks on Friday over the tax targeting US technology companies, calling it a "blatant attack".