Hypocrisy! France bemoans US trade tariffs; France wants British trade tariffs
France is upset that the US is thinking about imposing trade tariffs on French cheese, fizz, make-up and handbags. France wants to tax US business. A US ruling into French plans tells us:
The U.S. Trade Representative has completed the first segment of its investigation under section 301 of the Trade Act of 1974 and concluded that France’s Digital Services Tax (DST) discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies. Specifically, USTR’s investigation found that the French DST discriminates against U.S. digital companies, such as Google, Apple, Facebook, and Amazon
Messy. And hypocritical of the French, mais no? If France believes tariffs are wrong, it should argue for free trade deal between the EU and the the post-Brexit UK. But it isn’t.
Posted: 4th, December 2019 | In: Money, News, Politicians Comment | TrackBack | Permalink
