Skip to comments.White House considering tariffs of up to 100% on $2.4B of French goods
Posted on 12/03/2019 6:45:54 AM PST by Zhang Fei
The Office of the U.S. Trade Representative announced on Monday that it is considering tariffs as high as 100% on up to $2.4 billion worth of French products, following an investigation that concluded France's digital tax "discriminates against U.S. digital companies, such as Google, Apple, Facebook, and Amazon."
Why it matters: The proposal underscores the administration's willingness to expand the scope of President Trump's trade war beyond just China and use tariffs as a weapon to retaliate against other countries. It was announced around the same time that Trump landed in London for a NATO summit, where he will come face to face with French President Emmanuel Macron.
The list of products that could be targeted includes sparkling wine, French cheese, handbags and more.
(Excerpt) Read more at axios.com ...
Yay! Tariff the crap out them!
Don’t knock Grey Poupon. After I first used it to make deviled eggs back in the ‘80s, I could never go back to plain mustard again. :-P
He is doing this to protect American businesses that just happen to be Google, etc. France has no business taxing these companies - that is our job, not theirs.
You may not like these companies, but they are mighty important to our economy.
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