EU chief Tusk says will ‘respond in kind’ if US imposes tariffs on France over digital tax
4 months, 3 weeks ago by
| 5 facts | 0 comments | 3 votes
Earlier on Saturday, Trump criticized the French digital tax aimed at big U.S. technology companies and threatened again to retaliate by taxing French wine. -
Trump said he is not a “big fan” of tech companies but “those are great American companies and frankly I don’t want France going out and taxing our companies.” -
France passed a 3% tax in July that targets roughly 30 big tech companies including Facebook, Amazon and Google. -
The U.S. Trade Representative launched an investigation into France’s digital tax, saying it “unfairly targets American companies.” -
Amazon has also said it will pass some of the costs of the new measure down to thousands of small and medium-sized French businesses selling on its platform. -
No comments yet.
Be the first to leave one.