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U.S. trade talks resume after Canada rescinds tech tax in ‘clear victory’ for Trump

Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms. U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack … Read more

Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks

U.S. President Donald Trump is greeted by Prime Minister of Canada Mark Carney, as he arrives at the G7 leaders’ summit in Kananaskis, Alberta, Canada June 16, 2025. Stefan Rousseau | Via Reuters Canada has walked back on its digital services tax “in anticipation” of a mutually beneficial comprehensive trade arrangement with the United States, … Read more

Fed rescinds crypto guidance for banks in bid to streamline oversight and support innovation

Key Takeaways The Fed formally withdrew key guidance that governs how state member banks must handle crypto and stablecoin activities. Regulatory bodies are collaborating to support innovation in crypto-asset activities while ensuring risk management. Share this article The Federal Reserve Board announced Thursday that it is withdrawing key supervisory guidance on crypto and stablecoin activities … Read more

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