Canadian Prime Minister Mark Carney said on Sunday that US-Canada trade talks have resumed after Ottawa withdrew its plan to impose a tax on US technology companies. Under the policy, companies such as Amazon, Google, Meta, Uber and Airbnb would pay a 3 percent tax on revenue from Canadian users.

Ottawa announced it was rescinding a tax on technology firms generating revenue from Canadians just hours before it was to take effect in an effort to move forward trade negotiations with the United States.