U.S. slaps French goods with 25% duties in digital tax row, but delays effective date – ZAWYA

  • Date: 11-Jul-2020
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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U.S. slaps French goods with 25% duties in digital tax row, but delays effective date – ZAWYA

U.S. slaps French goods with 25% duties in digital tax row, but delays effective date | ZAWYA MENA Edition HomeEconomyArticleU.S. slaps French goods with 25% duties in digital tax row, but delays effective date The U.S. Trade Representative's office said delaying the start of the tariffs would allow further time to resolve the issue    U.S. Trade Representative Robert Lighthizer speaks at a Senate Finance Committee hearing on President Donald Trump's 2020 Trade Policy Agenda on Capitol Hill in Washington, D.C., U.S., June 17, 2020. Anna Moneymaker/Pool via REUTERS WASHINGTON  - The Trump administration on Friday announced additional duties of 25% on French cosmetics, handbags and other imports valued at $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 (OECD). The decision also reflected France's agreement to defer collection of its 3% 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,