Canada has rescinded a costly tax that threatened to derail U.S. trade talks over the weekend.
On Friday afternoon, President Trump called off all trade talks with Canada after they held steady on their digital services tax, a Canadian duty levied against U.S. tech companies. The move left Canadian leadership scrambling. But late last night, Canada rescinded the tax, saying it was needed to keep communication flowing.
Prime Minister Mark Carney says talks have resumed. U.S. Commerce Secretary Howard Lutnick thanked Canadian officials just this morning, saying the tax would have been a deal breaker.
Related Stories
“In the first six months of 2025, 181 Chapter 12 bankruptcies were filed nationwide.”
Trump’s upcoming talks raise hopes for U.S. soybeans, but China’s record purchases from Brazil and Argentina show America’s market share remains under heavy pressure.
Farmers face tighter barge capacity and higher freight costs during peak harvest.
“MAKE SOYBEANS, AND OTHER ROW CROPS, GREAT AGAIN!”
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
“American soybean farmers—who are already reeling from your sweeping tariffs—deserve better.”
