BRUSSELS: Talks between France and the United States on taxing digital companies"remained difficult", French Finance Minister Bruno Le Maire said on Tuesday, despite a pledge by the two countries to avoid a trade war until at least the end of this year.
As many of those firms are U.S. companies, Washington has threatened to impose taxes on key French products in response. But in a surprise move on Monday, French President Emmanuel Macron said he had a"great discussion" with US President Donald Trump over the issue and said the two countries would work together to avoid a rise in tariffs until the end of 2020.Le Maire said the truce agreed by the two presidents was a"very positive starting point" but now Paris and Washington had to reach a compromise on how to tax digital activities at global level.
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