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Vitor Gaspar

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US Imposes Heavy Tariffs on France Over Tech Giants Tax
July 12th, 2020 - 08:00 GMT

US Imposes Heavy Tariffs on France Over Tech Giants Tax

The United States on Friday unveiled heavy import duties on France in retaliation for the country's tax on American tech giants but will hold off on collecting the fees to allow time for the dispute to be resolved. The office of US Trade Representative Robert Lighthizer found France's digital services tax was discriminatory and "unfairly targets US digital technology companies," and will impose 25 percent punitive duties on $1.3 billion ...
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