U.S. Stock Futures and TSX Rise as Canada Drops Digital Services Tax, Reviving Trade Talks and Lifting Global Trade Stocks
U.S. stock futures rose early Monday following Canada's decision to rescind its digital services tax. The removal of this tax has revived U.S.-Canada trade talks, leading to increased optimism in markets linked to global trade. Futures on the Toronto Stock Exchange (TSX) also inched higher as investors reacted positively to the development. This move by the Canadian government has contributed to global trade-linked stocks hovering near all-time highs, reflecting renewed confidence in the bilateral trade relationship between the United States and Canada.
Sources
Forbes México
📈 Los futuros de Estados Unidos (EU) subieron temprano el lunes después de que el gobierno canadiense eliminara su impuesto a los servicios digitales. https://t.co/lBefoWuz31
Forbes U.S. Futures rose early on Monday after the Canadian government scrapped its digital-services tax. https://t.co/Gb3m94bzLx https://t.co/Gb3m94bzLx
Election Wizard BREAKING: On Monday, stocks linked to global trade are near all-time highs as U.S.–Canada trade talks are set to advance, following Canada’s decision to rescind its digital services tax.