Investors remain on alert following the latest trade spat between the US and Canada in which President Donald Trump called off trade talks following Ontario's digital services tax.
The Canadian government announced on Sunday (29 June) that it will rescind the digital services tax to lure the US back to the negotiating table, with the country's prime minister, Mark Carney, noting "Canada's new government will always be guided by the overall contribution of any possible agreement to the best interests of Canadian workers and businesses". "Today's announcement will support a resumption of negotiations toward the 21 July, 2025, timeline set out at this month's G7 leaders' summit in Kananaskis," Carney said. Trump says US and China sign trade deal in potential tensio...
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