Even as U.S.
President Donald Trump, who has criticized the digital tax for unfairly targeting American tech companies, recentlythat the European Union is worse than China in its trading relationship with the U.S. “They know that I’m going to put tariffs on them if they don’t make a deal that’s a fair deal,” Trumpits digital tax through the end of the year in response to U.S. pressure, giving the two countries time to work out a permanent resolution and avoiding the retaliatory tariffs on French goods threatened by the Trump administration.
The digital tax introduced by France last year puts a 3% levy on the digital revenue of big tech companies like Facebook and Alphabet’s Google. The U.S. responded by threatening tariffs ofFrance’s finance minister, Bruno Le Maire, is
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US threatens to slap tariffs on Italy and Britain in digital tax fight | Markets InsiderMnuchin said Tuesday the US will impose fresh tariffs on Italy and Britain if they move forward with plans to tax technology companies like Goog... the meltdown Of course...Trump threatening other countries until he gets his way... With that crooked beginning, many American companies can be arrested. And they fight some digital tax. They should be in courts for intellectual property violations, illegal use, unjust enrichment and fraud.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mnuchin Warns U.K., Italy Over Digital-Tax PlansItaly and Britain will face U.S. tariffs if they proceed with a tax on digital companies such as Alphabet’s Google and Facebook, U.S. Treasury Secretary Steven Mnuchin warned. Trump loves Facebook and google ads that spread his propaganda. and yet they will ignore'you and the president. Trump doesn’t understand how trade works. He believes that trade wars and tariffs work. 1/5
Source: WSJ - 🏆 98. / 63 Read more »
Talks on tech tax with U.S. still difficult: France's Le MaireTalks between France and the United States on taxing digital companies 'rem...
Source: Reuters - 🏆 2. / 97 Read more »
France’s Macron Pauses Tech Tax After U.S. PressureFrance agreed to postpone until the end of this year a tax that it levied on big tech companies last year. In return, the U.S. will postpone retaliatory tariffs until then. Another win for Trump and I'm still not tired of winning Winning and to quote the president theystill want to impeach the son of a bitch!😂😂 He will be deselected
Source: WSJ - 🏆 98. / 63 Read more »
Trump and Macron said to reach tariff truce over digital tax fightPresident Trump and French President Emmanuel Macron agreed to a truce in their dispute over digital taxes that will mean neither France nor the U.S. will impose punitive tariffs this year, a French diplomat said. FACT CHECK
Source: latimes - 🏆 11. / 82 Read more »