Washington, D.C. – National Foreign Trade Council (NFTC) Vice President for Global Trade Policy Tiffany Smith today issued a statement following Canada’s decision to rescind its digital services tax (DST):
“We applaud Prime Minister Carney and Minister Champagne for their decision to halt today’s collection and bring forward legislation to rescind the digital services tax altogether. We also thank President Trump for standing up for American companies and competitiveness abroad.
“Following Canada’s decision, we urge the United States and Canada to intensify negotiations to reach a deal that strengthens our bilateral economic relationship and addresses tariff and non-tariff barriers by their July 21 deadline.
“The process that led us here sends a strong signal that this Administration is committed to ensuring non-discriminatory treatment of U.S. companies abroad. We urge other countries who currently have or are considering DSTs – including the UK and France- to follow Canada’s lead. It is critical that they rescind these discriminatory policies so that future negotiations do not get sidetracked and can focus on strengthening trade ties and economic competitiveness.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade, tax, national security and supply chain policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses, who account for over $6 trillion in revenue and employ nearly 6 million people in the United States.
