Canada scrapped a digital services tax that would have hit U.S. tech companies such as Google and Amazon after President Trump halted trade talks and threatened higher tariffs on Canadian imports.

Could tariffs replace income tax? As of February 1, 2025, new U.S. tariffs on Mexico (25%), Canada (25%), and China (10%) are officially live impacting everything from car parts to avocados. This breakdown explores the White House’s goals,