Canada rescinded its 3% digital services tax that was due to take effect on Monday morning after President Donald Trump threatened to halt trade talks.

Carney and Trump will try to reach an agreement by July 21, a Canadian spokeswoman said.

Here's what you need to know about the tax, which has been a thorn in the side of the Canada-U.S. relationship for years.

The move comes after U.S. President Donald Trump announced over the weekend that he will be "terminating ALL discussions on Trade with Canada" ...

Canada rescinded the Digital Services Tax just hours before it was to go into effect, backing down after President Trump had ended trade talks over the issue.

Canada’s decision to rescind its digital services tax (DST) to restart trade negotiations with the U.S. represents a boon for ...

Canada is expected to resume trade talks with the U.S. after the Canadian government said late Sunday it was rescinding a ...

The federal government said it will rescind the digital services tax "in anticipation" of coming to a trade deal with the U.S ...

Tech giants such as Amazon and Google will not have to shell out close to $2 billion as expected today, as Canada moved to cancel the controversial digital services tax on Sunday, just one day before ...

Canada rescinded the Digital Services Tax just hours before it was to go into effect, backing down after President Trump had ended trade talks over the issue.

Canada has halted its planned collection of a new digital services tax after President Donald Trump said that he would end ...

Canada announced Sunday that it is acquiescing to President Donald Trump’s demand to drop its digital services tax on U.S. companies to resume trade negotiations with the White House.