Tech Giants Face $2 Billion Tax Bill; Trump Halts Canada Trade Talks

Jun 28, 2025 Canada Canada Business & Finance
Tech Giants Face $2 Billion Tax Bill; Trump Halts Canada Trade Talks

Amazon, Google, Meta, and Uber face a $2B tax bill. Trump suspends Canada trade talks, impacting international business relations.

Tech Giants Hit with $2 Billion Tax Bill; Canada Trade Talks Suspended

Several major tech companies, including Amazon, Google, Meta, and Uber, are collectively facing a retroactive tax bill amounting to $2 billion. This financial challenge arrives alongside another significant event:

Trump Suspends Canada Trade Talks

Former President Trump has reportedly suspended trade negotiations with Canada, introducing further uncertainty into the international economic sphere. The combined impact of the tax levies and the trade disruption is poised to reshape aspects of global commerce.

Further details are emerging as experts analyze the full ramifications of these developments.

By news 1 month ago