Canadian Prime Minister Carney says trade talks with US

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

Well, as we head into the unofficial start of the summer tourist season, this Memorial Day weekend, there's *** big question remaining how will tariffs and the United States' relationship with Canada impact tourism? It is *** big weekend for travel, so we started asking around to see what industry leaders are anticipating. Jamie Ashley is joining us live this morning from Old Orchard Beach. Jamie, what are we hearing at this early point but important point in the season? Yeah, Jess, it is certainly still early on. It does not feel much like summer out here this morning at all. This restaurant here, Belle Boy restaurant in Old Orchard, their opening day is today. They haven't even opened for the season yet, but in asking around, we've heard from local business owners who say they're starting to feel that pinch of tariff uncertainty. Now we spoke to Ken Mason, the owner of the Seaside Inn in Kennebunk. He tells us that he's spoken to. friends and family members who've told them their national pride is what's keeping them away. In 2024 we know those Canadian tourists spent just under $500 million here in Maine over the summer months, and that business is something that hotel owners like Ken Mason have come to rely on. He says his Canadian guests typically book the longest days that he sees, typically 5 or 6 days instead of just 1 or 2 nights, making it *** quick weekend trip. And that is certainly not the case for this Memorial Day. I don't see any Canadians coming down this weekend. Um, we luckily we're, uh, booked up for the weekend and we would have probably 40% Canadians. We don't have any at all. Um. Usually March, April, and May we run 45 to 50% Canadians and they come for 5-6 days at *** time. We've had 2 and that's not 2%, that's 2 Canadian families that's all that has come down so far. Well, Governor Janet Mills says it's estimated that the state could lose 225,000 Canadian tourists this year, but her administration did put up signs throughout the state in popular vacation destinations like here in Old Orchard Beach and at border crossings to encourage those Canadian visitors to keep their trips booked. Through the summer now, um, Memorial Day, it's certainly *** big travel weekend domestically as well, not just internationally, and we're already off to *** good strong start here. Amy Liu is joining us live from Washington DC this morning. Amy, so far we're already seeing *** travel records being set for this Memorial Day weekend. Yeah, so Jamie, despite those worries over tariffs as well as the US trade war impacting the economy, trade, I should say travel experts actually say this year could beat *** previous Memorial Day travel record that was set 20 years ago. Now, according to AAA, they predict that 45 million people will travel at least 50 miles or more from their homes this holiday. The vast majority of them. Doing it by car, it likely has *** lot to do with gas prices dropping to their lowest ever since 2021. The current national average, according to GasBuddy, is $3.08 for *** gallon of regular. Now 18 million other people are also flying, and the TSA says it is prepared to handle those crowds. AAA says the holiday won't break any air travel records here. Several major US Airlines are actually scaling back the number of domestic flights they carry out this summer. Fewer people are booking leisure trips because of their worries over the economy, but there is something to look forward to here. Experts say that gas prices are expected to be even cheaper later on this summer. In some places it could be under $3. Reporting live from Washington this morning, I'm Amy Lou Maine's total coverage. Well Amy, thank you. And despite the wet weather kicking off this Memorial Day weekend, AAA already reporting that nearly 2 million people here in New England will be traveling for Memorial Day. Reporting live in Old Orchard Beach, I'm Jamie Ajole, Maine's total coverage.

Updated: 10:22 PM CDT Jun 29, 2025

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Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

Updated: 10:22 PM CDT Jun 29, 2025

Editorial Standards ��

Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.U.S. President Donald Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.”Video above: Maine business owners feel pinch from lack of Canadian tourists amid tariff uncertaintyThe Canadian government said “in anticipation�� of a trade deal “Canada would rescind�� the Digital Serves Tax. The tax was set to go into effect Monday.Carney’s office said Carney and Trump have agreed to resume negotiations.“Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders�� Summit in Kananaskis,�� Carney said in a statement.Carney visited Trump in May at the White House, where he was polite but firm. Trump traveled to Canada for the G7 summit in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks.Trump, in a post on his social media network last Friday, said Canada had informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada.The digital services tax was due to hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It would have applied retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month.“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,�� Canadian Finance Minister François-Philippe Champagne said in a statement.Video below: President Trump and Canada's Prime Minister meet to discuss tariffs, sovereigntyTrump’s announcement Friday was the latest swerve in the trade war he’s launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation’s northern neighbor and repeatedly suggesting it would be absorbed as a U.S. state.Canada and the U.S. have been discussing easing a series of steep tariffs Trump imposed on goods from America’s neighbor.Trump has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would expire.Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump’s first term.

TORONTO, ON —

Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

U.S. President Donald Trump said Friday that he was suspending over its plans to continue with its tax on technology firms, which he called “a direct and blatant attack on our country.��

Video above: Maine business owners feel pinch from lack of Canadian tourists amid tariff uncertainty

The Canadian government said “in anticipation�� of a trade deal “Canada would rescind�� the Digital Serves Tax. The tax was set to go into effect Monday.

Carney’s office said Carney and Trump have agreed to resume negotiations.

“Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders�� Summit in Kananaskis,�� Carney said in a statement.

Carney in May at the White House, where he was polite but firm. Trump traveled to Canada for in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks.

Trump, in a post on his social media network last Friday, said Canada had informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada.

The digital services tax was due to hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It would have applied retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month.

“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,�� Canadian Finance Minister François-Philippe Champagne said in a statement.

Video below: President Trump and Canada's Prime Minister meet to discuss tariffs, sovereignty

Trump’s announcement Friday was the latest swerve in he’s launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation’s northern neighbor and repeatedly suggesting it would be absorbed as .

Canada and the U.S. have been discussing easing on goods from America’s neighbor.

Trump has imposed 50% tariffs on as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would expire.

Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump’s first term.

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Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

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