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  • U.S. vows 100% tariffs on $2.4 billion of French products over digital services tax

    From reuters.com

    The U.S. government on Monday said it could slap additional duties of up to 100% on $2.4 billion in French imports of Champagne, handbags, cheese and other products, after concluding that a new French digital services tax would harm U.S. tech companies. The U.S. Trade Representative said its investigation found that the French tax was “inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies”, including Alphabet Inc’s Google, Facebook, Apple and Amazon. U.S. Trade Representative Robert Lighthizer said the U.S. government was also exploring ... (full story)

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  • Dec 2, 2019 9:01pm Dec 2, 2019 9:01pm
  •  QuantumTunel
  • | Joined Oct 2019 | Status: Member | 140 Comments
Good move President.
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  • Dec 2, 2019 9:17pm Dec 2, 2019 9:17pm
  •  hans91
  • | Joined Jul 2018 | Status: Member | 7 Comments
EU will go to fill the gap if this is valid.
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  • | IP X.XXX.122.219
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  • Posted: Dec 2, 2019 8:37pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 2,258
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