🇺🇸🇨🇦 US-Canada Trade Talks Show Progress as Carney Drops Digital Tax

At an Independence Day event in Ottawa, US Ambassador to Canada Pete Hoekstra expressed strong optimism that President Trump and Prime Minister Mark Carney are close to finalizing a mutually beneficial trade deal.

💬 Hoekstra:

“Both leaders will be able to tell their citizens — ‘I secured a fantastic deal for my country.’”

📉 What changed?

Canada has officially dropped its proposed Digital Services Tax, which the US opposed, clearing a key hurdle in the negotiations. This move came just hours before the tax was to take effect — after direct pressure from Trump at the G7.

💼 White House Reaction:

• Press Secretary Karoline Leavitt called it a big win for US tech firms

• Economic Advisor Kevin Hassett said trade talks resumed immediately

• Commerce Secretary Howard Lutnick thanked Canada, calling the tax a “deal breaker”

🗓️ Deadline Set:

Trump and Carney agreed to finalize a deal by July 21.

📈 Markets cheered the progress, with stocks hitting new highs amid hopes of improved trade ties with Canada.

Is this a win-win, or is Canada caving under pressure?

Your thoughts 👇#NFPWatch #OneBigBeautifulBill #TrumpVsMusk #StrategyBTCPurchase #XRPETFs