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US proposes tariffs on up to $2.4B of French goods after concluding that France's digital services tax unfairly discriminates against US tech companies

The Trump administration on Monday proposed the imposition of 100 per cent tariffs on up to $2.4bn of French goods, including champagne …

Financial Times James Politi

Discussion

  • @markscott82 Mark Scott on x
    Hey-o: US announces $2.4bn in tariffs against French goods in retaliation for Paris' digital tax against @Facebook, @google, etc. Stinger: US considering similar moves against Austria, Italy & Turkey. And who said tax policy wasn't spicy? 🙄 https://ustr.gov/... https://twitter.co…
  • @brexitastrophe John Johnson on x
    A sign of things to come in future UK-US trade negotiations? UK government can expect US counterparts to play hardball on areas they want to push Britain into making concessions. #FBPE https://twitter.com/...
  • @mikebutcher Mike Butcher on x
    US proposes 100% tariffs on French goods over digital tax. Digital tax just became part of the US trade wars. Outside the EU, the UK's leverage on its own would be zilch against this kind of action. https://www.ft.com/...
  • @martinsfp Martin Sfp Bryant on x
    Only because your tech companies are so successful! Focus on international tax reform! https://twitter.com/...
  • @hadas_gold Hadas Gold on x
    Here it is - Roughly $2.4 billion in French products could be subject to new taxes of up to 100 percent, after USTR finds French tax on tech firms is a barrier to trade https://ustr.gov/...
  • @adrianweckler Adrian Weckler on x
    Oh my. Let's see how EU big countries respond. https://twitter.com/...
  • @faisalislam Faisal Islam on x
    US starts process to impose retaliatory tariffs of up to 100% on French cheeses, handbags and porcelain exports because of Paris' Digital Services Tax on Amazon etc... Says looking at similar taxes from Austria, Italy & Turkey... interesting q about UK DST in Tory manifesto - htt…
  • @repronestes Rep. Ron Estes on x
    .@USTradeRep's conclusion sends a strong message that the U.S. will oppose new unilateral, burdensome and unfair digital taxes aimed at American companies. As a member of @WaysandMeansGOP, I supported this investigation & look forward to working on a mutually beneficial solution.…