US slaps French goods with 25% tariff over digital tax, but delays effective date

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WASHINGTON (REUTERS) - The Trump administration on Friday (July 10) said it would slap additional duties of 25 per cent on French imports valued at US$1.3 billion (S$1.8 billion) in response to France's new digital services tax, but would delay implementation of the new tariffs for up to 180 days.. Read more at straitstimes.com.

WASHINGTON - The Trump administration on Friday said it would slap additional duties of 25 per cent on French imports valued at US$1.3 billion in response to France's new digital services tax, but would delay implementation of the new tariffs for up to 180 days.

The US Trade Representative's office said the move would affect French goods such as cosmetics and handbags. It said the delayed implementation would allow further time to resolve the issue, including through discussions in the Organisation for Economic Cooperation and Development . The US move follows a US Section 301 probe which concluded the French tax discriminates against US tech firms such as Google, Facebook and Apple.

 

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