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The Trump administration said late Monday it is thinking about imposing tariffs up to a hundred percent on around $2.4 billion of French items in retaliation for France's new tax on digital services. In a statement, the U.S. Trade Representative's workplace stated the French law "discriminates towards U.S. companies" along with Alphabet's GOOGL, -0.01% Google, Apple Inc. AAPL, -0.32% , Facebook Inc. FB, -0.23% , and Amazon.com Inc. AMZN, -0.20% . "The USTR is centered on countering the growing protectionism of EU member states, which unfairly pursuits U.S. companies," Trade Representative Robert Lighthizer said in a statement, including that Austria, Italy and Turkey ought to additionally be problem to retaliation for their digital services taxes. The USTR stated it is looking for public comment and will keep a public listening to in early January concerning the proposed action.

 

https://www.marketwatch.com/economy-politics

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