US to investigate France’s plan to tax tech companies
The US is worried the digital services tax unfairly targets US companies, but tech firms urge Trump not to retaliate with tariffs
11 July 2019 - 12:30
Washington — US President Donald Trump, on Wednesday, ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the US imposing new tariffs or other trade restrictions.
“The US is very concerned that the digital services tax, which is expected to pass the French senate [on Thursday] unfairly targets American companies,” US trade representative (USTR) Robert Lighthizer said in a statement announcing the investigation...
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