France threatened a “strong European riposte” if the US imposed tariffs on imports of French cheeses, champagne, bags and other goods, AP reported.
The US sales representative also proposed $ 2.4 billion in tariffs on products in response to French taxes on technology giants, including Google, Amazon, and Facebook.
“I’m not in love with those (tech) companies, but they’re our companies,” Trump said Tuesday ahead of a sure-to-be-tense meeting with French President Emmanuel Macron in London.
Le Maire said the French tech tax is aimed at “establishing tax justice.”
“If (the world) wants solid tax revenue in the 21st century, we have to be able to tax the digital economy,” he said. “This French taxation is not directed at any country, or against any company.”
European Commission spokesman Daniel Rosario said the EU will seek “immediate discussions with the U.S. on how to solve this issue amicably.”
The US government previously said it could impose duties of up to 100% on imports from France of champagne, bags, cheese and other goods in the amount of $ 2.4 billion, after it came to the conclusion that the new French tax on digital services would harm technology companies US.
The US sales office said its investigation revealed that the French tax is incompatible with the prevailing principles of international tax policy and extremely burdensome for US companies, including Google Alphabet, Facebook, Apple and Amazon.com.