U.S. Prepares to Levy Tariffs on French Cosmetics, Handbags

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U.S. Prepares to Levy Tariffs on French Cosmetics, Handbags
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The Trump administration said it would put tariffs on $1.3 billion of certain cosmetics and handbags imported from France if Paris doesn’t back down from plans to impose a new digital-services tax that would fall heavily on U.S. technology companies

The Office of the U.S. Trade Representative said the proposed tariffs on certain cosmetics and handbags wouldn’t take effect until Jan. 6, 2021, which gives time for both sides to negotiate a settlement.

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