Canada Drops Digital Services Tax to Restart US Trade Talks
Photographer: Graham Hughes/Bloomberg
Good morning. Canada drops a tech tax to restart US trade talks. France believes the EU can clinch a deal with Washington by the July deadline. And robots play messy not Messi football. Listen to the day’s top stories.
Canada withdrew its digital services tax targeted at tech companies including Meta and Alphabet in a move to restart trade talks with the US. France is confident the EU can clinch some form of a trade deal with Washington before a July 9 deadline. And UK car manufacturers can export to the US under a 10% tariff starting today, a reduction from the 25% rate on other countries.