Select date
US may sanction $2.4bn worth of French products over digital tax, some duties to reach 100%
The US has proposed new tariffs on over two billion dollars in French goods, retaliating to a “digital tax” which it says “discriminates” against American products. Some of the products could be penalized by 100 percent.
The new levies could target trade in handbags, sparkling wines, cheeses, makeup products and other household goods, valued at $2.4 billion in total, the office of the US trade representative said on Monday.
“France’s Digital Services Tax is unreasonable or discriminatory and burdens or restricts U.S. commerce,” the statement read, proposing “additional duties of up to 100 percent on products of France.”
BREAKING: Trump Admin proposes tariffs "up to 100%" on certain French goods (about $2.4 bn worth) in retaliation for France's digital services taxItems include:Sparkling wineSwiss, Grueyer, Pecorino and other cheesesHandbagsVarious makeup productshttps://t.co/bVUKZAxEGD
— Heather Long (@byHeatherLong) December 2, 2019
DETAILS TO FOLLOW
