Business Rundown: President Trump Scores Win In U.S.-Canada Trade Talks

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 30 June 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Days ago, President Trump said he would suspend trade talks with Canada over their Digital Services Tax on U.S. tech companies that he called "a blatant attack on our country." By Sunday night, Canada had changed their tune. Their Prime Minister agreed to axe the tax on Big Tech and trade talks have resumed. FOX Business correspondent Gerri Willis speaks with founder of the Capitalist Pig hedge fund Jonathan Hoenig about this trade victory for America and its impact on the global markets. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
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0:11.6	Four, that's a steel of a deal.
0:13.2	It's a good darn deal that'll make your squirrel for real.
0:16.3	Neil?
0:17.1	My name's not Neil.
0:18.1	I know, bet it rhymes. Listen to Harry and make your best bet on the football at BetVictor.
0:23.3	18 plus opt in and bet on any football marketing at odds of evens or greater no, cash out seven-day expiry terms and conditions apply.
0:28.8	Gambleaware.org.
0:29.9	I'm Jerry Willis and this is the Fox Business Rundown.
0:40.9	Monday, June 30th, 2025.
0:45.9	Days ago, President Trump said he would suspend trade talks with Canada,
0:50.7	calling their plan to tax U.S. tech companies a blatant attack on our country.
0:57.5	By Sunday night, Canada had changed their tune, agreeing to rescind their digital services tax to help reach a trade deal with the U.S. by July 21st. So Trump basically said, I'm walking
1:04.0	away because of this tax, and the Canadian said, okay, we're going to get rid of the tax. So pretty
1:09.1	remarkable stroke by the president.
1:11.9	In anticipation of a trade deal, Canadian Prime Minister Mark Carney said his country would
1:17.5	rescind a digital services tax on American tech companies. This was a tax that took place last
	...

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