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Dropping digital services taxes key to trade talks

NEC Hasait Manager: We are on the right path for

the White House You will likely ask more countries to drop their digital services Taxes As part of the continuous commerce Talks, a senior Trump administration official said Monday after that Canada Desta was canceled during the weekend.

“My expectation is that digital service taxes around the world will be stopped, and that this will be a major part of … the ongoing commercial negotiations that we have,” said Kevin Haysit, director of the National Economic Council at CNBC.Screaming

Note from one of the president Donald TrumpSenior advisers came the next day Canada has gone Dest for “progress in broader trade negotiations” with the United States.

This reflection – just hours before the first group under the new tax, came in the wake of Trump’s surprise A threat on Friday to finish All commercial conversations with Ottawa as long as the storm remains in place.

Canada said negotiations with the United States had resumed, because it had canceled the tax. Trump and Canadian Prime Minister Mark Carney now aims to conclude a commercial deal by July 21, according to a statement on Sunday from the Ministry of Finance in Ottawa.

“I am very happy to see that Canada removes its discord, which means that we had no really complex revenge for the tax law,” Haysit said on Monday.

“But you can expect countries with countries with digital sales taxes in the future anger [U.S. Trade Representative] “These unfair commercial practices”.

Read more CNBC policy coverage

Within a little more than a week, the Trump Administration’s sharp tariffs are scheduled to restart imports from a number of countries.

Haysit said he believed that the United States has “action frameworks” for “a full number of deals” that will be agreed upon shortly after passing the Trump budget bill through Congress.

The Trump administration is enthusiastic about the House of Representatives and the Senate, which is controlled by the Republican Party to pass a final version of the huge tax spending legislation and send it to the President’s office before Friday.

If this happens, Hasait predicts, there will be a “marathon session” in the Oval Office where Trump and his assistants design a list of countries and make final calls to the prices of American tariffs for each of them.

It is not clear whether Trump will adhere to the final introductory dates on July 8 and July 9. “We can do what we wantHe said on Friday when he was asked if he would adhere to one of those dates.

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2025-06-30 16:32:00

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