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US May Hit France With 100 Percent Tariffs

Video credit: Wochit News
Published on December 4, 2019 - Duration: 00:33s

US May Hit France With 100 Percent Tariffs

The U.S. government may hit France with punitive duties of up to 100 percent on $2.4 billion in imports.

According to Reuters, this would include Champagne, handbags, cheese and other products.

The announcement came after concluding that Franceโ€™s new digital services tax would hurt U.S. tech companies.

The U.S. Trade Representativeโ€™s office said the French tax was โ€œinconsistent with prevailing principles of international tax policy.

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