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Gafa tax: Washington announces sanctions against France but freezes them

2020-07-11T02:34:42.226Z


The United States has announced retaliatory measures of $ 1.3 billion but is suspending the application of these tariffs for 180 days "in order to allow more time to try to resolve this problem".


The Trump administration announced Friday retaliatory measures targeting $ 1.3 billion in French products to punish Paris for introducing a tax on American tech giants, but froze their application to allow a negotiated resolution to be found. conflict.

Also read: "Gafa Tax": armed peace between Paris and Washington

"The office of the United States Trade Representative today decided to impose additional customs duties of 25% on French products with a commercial value of $ 1.3 billion in response to France's adoption of 'a digital services tax that unfairly targets US digital technology companies ,' said Robert Lighthizer's services, adding that the additional tariffs included cosmetics and handbags.

180 days

But "in order to allow more time to try to resolve this problem, in particular through ongoing discussions within the Organization for Economic Cooperation and Development (OECD), and in recognition of France's agreement to delaying the collection of his tax until the end of the year, the trade representative decided to suspend the application of these additional customs duties for 180 days, " according to the american administration.

Source: lefigaro

All business articles on 2020-07-11

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