US could impose 100% tariffs on French goods following France’s tax on tech giants
https://techcrunch.com/2019/12/03/us-could-impose-100-tariffs-on-french-goods-following-frances-tax-on-tech-giants/
While French President Emmanuel Macron and U.S. President Donald Trump initially reached a deal on France’s tax on tech giants, the U.S. is moving forward with retaliation tariffs that could be as high as 100% on French goods (wine, cheese, handbags…).
The United States Trade Representative published a report following an investigation into the French tax. In a separate press release, it also recommends new tariffs and says that there could be more investigations into the digital taxes of Austria, Italy and Turkey.