the united states threatened to impose on French imports up to a hundred percent customs duties only action that France has taken to tax digital services to the american corporations.
the Duties applied to the 2.4 billion dollars worth of French imports. Duties would involve, inter alia, French wines, cheeses and yogurts.
U.s. trade representative Robert Lighthizer said, that the duties could come into force already in January.
the French take summer in the use of digital tax, which applies, inter alia, Google, Apple, Amazon and Facebook-like multi-national companies. The tax seeks to restrict the possibility of undertakings to make a print in France without that companies would pay the same taxes to the country. The united states considers that customs duties discriminate against particular american companies.
Lighthizer said that the united states intends to review the same type of taxes, but also in Austria, Italy and Turkey.
Trump surprised the Brazilian and Argentine metal support of the declaration
U.s. president Donald Trump also surprised the Argentine and Brazilian leadership by announcing he would take to re-introduce the customs of the countries for future steel and aluminium products.
Trump according to Brazil and Argentina seek to benefit from the strength of the Us dollar fell by artificially increasing their currencies value.
Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, effective immediately, I will restore the Tariffs is all Steel & Aluminum that is shipped into the U. S. from those countries. The Federal….
— Donald J. Trump (@real donald trump) 2. December 2019
Trump ordered in recent years steel and aluminum import duties on a number of countries, but later announced it would postpone their entry into force, inter alia, Argentina and Brazil. Now Trump’s recent Twitter announcement after the metal customs come again into force.
Trump an alert informing you of came as a full surprise in the Brazilian and Argentine leadership. Brazilian president Jair Bolsonaro said he intends to discuss the topic of Trump. Also, argentina’s production minister announced that he had asked the Us authorities to negotiate in a surprise announcement after the.
see also:
Macron hoped to be able to Trump an agreement with digijättien taxation – Trump could threaten French wine taxing
Sources: AFP, Reuters, BTI
Subscribe Yle newsletters!
Get Overeating the best content straight to your inbox! Order as many letters as you want!
Proceed to order