France To Make International Push To End Digital Trade War With U.S.
France To Make International Push To End Digital Trade War With U.S.

France says it hopes to defuse a looming trade war with the U.S. about a digital services tax, by negotiating the matter with the help of international bodies.

Washington believes the digital services tax will weigh disproportionately on U.S. technology companies.

Economy Minister, Bruno Le-Maire said that France would make special efforts in the next 15 days to hammer-out a solution with the Organisation for Economic Co-operation and Development OECD.

He added that he had already telephoned his U.S. counterpart, Steven Mnuchin, about the matter.

The U.S. is weighing retaliatory sanctions on French products, like champagne and cheese, arguing that the French levy is designed to harm companies like Amazon, Facebook and Google.

Le-Maire hopes to meet Mnuchin on the sidelines of the Davos Summit, scheduled for January 21-24.

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