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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (46537)6/29/2025 9:57:23 AM
From: Les H  Read Replies (1) | Respond to of 49075
 
US, China announce a trade agreement — again. Here’s what it means

Instead of new trade deals, Trump said his administration would in coming days or weeks send out a letter where “we’re just gonna tell them what they have to pay to do business in the United States.’'

Separately, Trump took sudden aim at Canada Friday, saying on social media that he’s immediately suspending trade talks with that country over its plan to impose a tax on technology firms next Monday. Trump called Canada’s digital services tax “a direct and blatant attack on our country.”

The digital services tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion bill due at the end of the month.

apnews.com

Another 90-day ceasefire.