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The Finance Ministry of Canada has announced the repeal of the digital services tax, with intentions to rescind pertinent legislation in an effort to revitalize trade negotiations with the United States. Prime Minister Trudeau of Canada and President Trump of the US have concurred to recommence discussions by July 21st, with the objective of achieving a mutual accord. Previously, the US had halted trade negotiations with Canada and threatened to impose additional tariffs in response to Canada's proposal to levy a digital services tax on American technology firms. This decision is viewed as a concession by Canada to the US, aiming to reignite the dialogue. Nevertheless, the progress of negotiations between the US and other trading partners remains limited, and disputes over "reciprocal tariffs" persist, casting uncertainty over the future landscape of international trade.
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