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Canada Abandons Digital Tax Amid U.S. Trade Pressure

7/2/2025

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Summary

Story summary

In a surprising turn of events, Canada has scrapped its digital services tax aimed at U.S. tech giants like Amazon and Google, just hours before implementation. This move comes after President Trump's fierce backlash and threats of tariffs. With trade negotiations on the horizon, Canada is eager to strike a deal by July 21.

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Story summary

In a surprising turn of events, Canada has scrapped its digital services tax aimed at U.S. tech giants like Amazon and Google, just hours before implementation. This move comes after President Trump's fierce backlash and threats of tariffs. With trade negotiations on the horizon, Canada is eager to strike a deal by July 21.