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Trump administration proposes slapping new tariffs on $2.4 billion worth of French goods to retaliate against big tech tax

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  • The US proposed retaliatory tariffs against France on Monday for its new digital services tax.
  • Critics said the tax has disproportionately hit technology companies based in the US.
  • The US has separately prepared to broaden tariffs against the EU bloc as part of a long-running dispute over aircraft subsidies.
  • Visit Business Insider’s homepage for more stories.

The United States proposed retaliatory tariffs against France on Monday for its new digital services tax, which has targeted American technology giants like Amazon and Facebook.

The Trump administration said in a statement it was proposing “duties of up to 100%” on $2.4 billion read more >>>

Source:: BusinessInsider.Com