Trump on course for new trade war with France over plans to slam US tech firms with giant new taxes

Trump on course for new trade war with France over plans to slam US tech firms with giant new taxes

Trump is worried that France’s digital services tax, which would place a 3% levy on the French revenues of firms like Amazon, unfairly targets the US.

US President Donald Trump has ordered an investigation into French plans to slam big tech companies, like Amazon, Apple, Google, and Facebook, with giant new taxes.
The probe, known as a Section 301 investigation, was announced on Wednesday night by US Tra… [+2761 chars]
Read More

Shelly Spencer

Shelly Spencer

Business Journalist,Merchant Cash Advance 360