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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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  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Ennismore picks Bangkok site for first-in-region SLS Residences
  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. For high-end fashion brands, wellness is the ultimate luxury
  6. Bulgari names Chinese actress Liu Yifei as newest global ambassador
  7. Bulgari, Tiffany & Co., Cartier among top-selling brands in 2023: 1stDibs
  8. Happy Holidays!
  9. Luxury Women to Watch 2017
  10. WatchBox expands into Switzerland with headquarters
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