U.S. President Donald Trump has asked for an investigation into France’s planned tax on technology companies
Reuters reports, citing an unnamed source:
- could potentially lead to the United States imposing new tariffs or other trade restrictions
- US Trade Representative Lighthizer to set up the investigation
- Questioning if France’s digital-tax plan would hurt US technology companies
- A Section 301 investigation, will assess if France’s levy poses an unfair trade practice
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Previous S 301 investigations have covered Chinese trade practices and European Union subsidies on large commercial aircraft