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Canada backs down, EU holds firm as U.S. tariff deadline looms
The United States has restarted trade negotiations with Canada following Ottawa's decision to scrap its digital services tax, a move welcomed by the White House.
But across the Atlantic, the European Union is taking a starkly different stance, refusing to put its digital legislation on the table in ongoing trade talks with Washington.
The development on Monday came as a July 9 deadline approaches for the U.S. to reimpose tariffs of up to 50 percent on several trading partners unless trade deals are reached.
Canada backs down, EU holds firm as U.S. tariff deadline looms
The United States has restarted trade negotiations with Canada following Ottawa's decision to scrap its digital services tax, a move welcomed by the White House.
But across the Atlantic, the European Union is taking a starkly different stance, refusing to put its digital legislation on the table in ongoing trade talks with Washington.
The development on Monday came as a July 9 deadline approaches for the U.S. to reimpose tariffs of up to 50 percent on several trading partners unless trade deals are reached.
