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Government

French luxury goods are target of new Trump administration tit-for-tat tariffs

December 3, 2019

The United States will threaten retaliatory tariffs if countries impose punitive taxes on its tech national champions. Image credit: USTR The United States will threaten retaliatory tariffs if countries impose punitive taxes on its tech national champions. Image credit: USTR

 

By Mickey Alam Khan

The United States is preparing to impose tariffs on French exports worth $2.4 billion after a report released last evening concluded that France was unfairly targeting large U.S. tech companies with a new digital services tax.

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  5. Subscribe now: Full access to 90,000+ articles, reports, videos and images
  6. Dior dives into French Riviera with escapist fragrance
  7. Free webinar Oct. 27: Finances of the luxury home buyer
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