US trade officials proposed a wave of tariffs on French goods as they released a report finding that a new French tax on digital services — affecting large American tech companies such as Facebook and Google — represents a barrier to trade
New York US trade officials proposed a wave of tariffs on French goods Monday as they released a report finding that a new French tax on digital services — affecting large American tech companies such as Facebook and Google — represents a barrier to trade.
The list of proposed US tariffs covers dozens of products, including cheeses, beauty products, handbags, sparkling wine and porcelainware.Roughly $2.4 billion in French products could be subject to new taxes of up to 100%, the office of the United States Trade Representative said. The public will have until early January to weigh in on the proposal.
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