Explainer: Macron's quest for an international tax on digital services
Tuesday, 3 December 2019 The United States has threatened punitive duties of up to 100% on $2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. technology companies.
U.S. President Donald Trump has threatened to hike up U.S. tariffs on French products at a NATO summit that marked a new low in U.S.-French relations. France and Brussels said they stood ready to retaliate if so. Lucy Fielder reports.
The U.S. threatened to levy tariffs of up to 100 percent on $2.4 billion worth of French products. According to Business Insider, the threat happened after Frances passed a tax on digital services. The..