The United States announced a 25 percent duties on products from France
USA announced the introduction of a 25 percent duty on goods from France with a volume of $ 1.3 billion over a digital tax, reports AFP.
As reported by the United States trade representative, digital tax is unfair to American companies that engage with digital technologies. However, the US tariff will not take effect until January 6, 2021, as the negotiations continue.
It is reported that the duties will be subject to French cosmetic products and handbags.
The issue of the digital tax has become a point of contention between the US and France. In July last year, the French Parliament adopted a law on the tax on services to the largest digital companies such as Amazon, Apple, Facebook and Google. This law has caused strong criticism from the United States. Donald trump stated that the answer may be to impose a tax on French wine.
In January 2020, the French Minister of economy and Finance Bruno Le Mayor stated that France and the United States established a "General framework" on digital tax. He noted that Paris and Washington have yet to reach a settlement of certain items relating to taxation. At the same time, Le the Mayor then confirmed that in accordance with the "General framework" France will postpone collection of digital tax until December 2020, and the United States in response refuses to introduce sanctions duties. Informed about the decision said Emmanuel macron.