France To Make International Push To End Digital Trade War With U.S. - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
January 7, 2020
France says it hopes to defuse alooming trade war with the U.S. about a digital services tax, by negotiatingthe matter with the help of international bodies.
Washington believes the digitalservices tax will weigh disproportionately on U.S. technology companies.
Economy Minister, Bruno Le-Mairesaid that France would make special efforts in the next 15 days to hammer-out asolution with the Organisation for Economic Co-operation and Development OECD.
He added that he had alreadytelephoned his U.S. counterpart, Steven Mnuchin, about the matter.
The U.S. is weighing retaliatorysanctions on French products, like champagne and cheese, arguing that theFrench levy is designed to harm companies like Amazon, Facebook and Google.
Le-Maire hopes to meet Mnuchin onthe sidelines of the Davos Summit, scheduled for January 21-24.