The Trump administration on Friday announced additional duties of 25per cent on French cosmetics, handbags and other imports valued at US$1.3 ...
The Trump administration on Friday announced additional duties of 25per cent on French cosmetics, handbags and other imports valued at US$1.3 billion in response to France's digital services tax, but would hold off on implementing the move for up to 180 days.
The U.S. Trade Representative's office said delaying the start of the tariffs would allow further time to resolve the issue, including through discussions in the Organisation for Economic Co-operation and Development . The decision also reflected France's agreement to defer collection of its 3per cent tax on digital services.The U.S. move follows a U.S. Section 301 probe, which concluded the French tax discriminates against U.S. tech firms such as Google , Facebook and Apple Inc .
U.S. Trade Representative Robert Lighthizer first disclosed on Thursday plans to impose new tariffs on French goods with deferred implementation. The US$1.3 billion worth of goods is part of a list first published by USTR in December.
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