Trade talks between the US and Canada have resumed after Canada canceled its plan to tax US tech firms. Canadian Prime Minister Mark Carney announced this after US President Donald Trump suspended talks due to the tax, which he called a direct attack. Both leaders agreed to negotiate again, aiming for a deal by July 21, 2025, following a G7 summit in Alberta. The proposed tax would have imposed a 3% levy on US companies like Amazon and Google, resulting in a significant financial burden.