EU chief Tusk says will ‘respond in kind’ if US imposes tariffs on France over digital tax
4 months, 3 weeks ago by kyle | 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. -

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