Bessent: USTR likely to launch Section 301 probe into Canada’s digital services tax

The Office of the U.S. Trade Representative will likely launch an investigation under Section 301 of the Trade Act of 1974 into Canada’s digital services taxes, which Ottawa is set to begin collecting next week, Treasury Secretary Scott Bessent said Friday. President Trump earlier on Friday cited Canada’s tax as the reason he declared trade talks with Ottawa would immediately cease. “This was something from the Trudeau years,” Bessent told CNBC . “So we were hoping that as a sign...