2019-12-28 Xinhua
PARIS, Dec. 3 (Xinhua) -- Washington's threat to impose additional tariffs on French goods in retaliation for Paris' digital tax is "simply unacceptable", said French Minister of Economy Bruno Le Maire on Tuesday.
"The proposed U.S. sanctions are simply unacceptable. French taxation on the digital giants aims to restore fiscal justice. It does not only target U.S. companies but also Chinese or European companies," said the French minister in a tweet.
"A digital taxation project at the international level is on the table of the OECD (Organization for Economic Co-operation and Development). France said yes to this project. We are waiting for the American response. If the United States says no, it means that they do not respect the commitment made at the end of August to the G7," he added.
The United States on Monday threatened to impose tariffs of up to 100 percent on 2.4 billion U.S. dollars of French goods in retaliation for a digital services tax it says is discriminatory. French wine and cheese are on the list of goods that could be targeted.
France insists that its 3-percent digital tax is necessary to make internet giants pay their fair share of taxes. It targets companies with total annual revenues of at least 750 million euros (834 million U.S. dollars) globally and 25 million euros in France.
The United States initiated its Section 301 investigation into France's planned tax on digital services on July 10, accusing the French government of "unfairly targeting the tax at certain U.S.-based technology companies."
MEXC COO Vugar Usi on Navigating Crypto's 2026 Reset: Why Retail-First Exchanges Are Winning
CYCJET high-resolution inkjet printers – the "surgical scalpel" for the Russian packaging industry.
2026 Zhongshenghui · Buddhist Faith and Collective Practice Exchange Forum in the Digital Age Successfully Held in Bangkok, Thailand
From packaging to production lines: How CO2 laser marking machines are reshaping environmental and efficiency standards for product identification.
Ancient Traditions Blaze Anew: 18th Central Plains Folk Culture Festival Opens in Xun County
CGTN: Why Xi Jinping chose a Beijing tech hub for his first domestic tour in 2026
©copyright2009-2020Fresh life