The American proposal to enforce additional duties of up to 100 percent on French products such as wine and cheese in retaliation for a “discriminatory” tech tax law is “unacceptable,” the country’s economy and finance minister, Bruno Le Maire, said today.
In an interview with Radio Classique, Le Maire pushed back against the U.S. plan to apply fresh tariffs on French goods worth $2.4 billion in response to the Digital Services Tax (DST), designed to tax technology giants including Google, Apple, Facebook, and Amazon.
The minister said any U.S. sanctions would be met with a strong response from the European Union.
Full article at: Newsweek
