• About Us
  • Contact
  • Careers
  • Send Us a Tip
Menu
  • About Us
  • Contact
  • Careers
  • Send Us a Tip
CyberNews logo
Newsletter
  • Home
  • News
  • Editorial
  • Security
  • Privacy
  • Resources
Menu
  • Home
  • News
  • Editorial
  • Security
  • Privacy
  • Resources
CyberNews logo

Home » News » United States suspends French tariffs over digital services tax

United States suspends French tariffs over digital services tax

by Reuters
7 January 2021
in News
0
United States suspends French tariffs over digital services tax

A French flag is seen on a pair of socks displayed at the "Made In France" fair in Paris. REUTERS/Christian Hartmann/File Photo

17
SHARES

The United States has indefinitely suspended 25% tariffs on French cosmetics, handbags and other imports it had planned in retaliation for a digital services tax Washington says will harm U.S. tech firms, as it investigates similar taxes elsewhere.

The U.S. Trade Representative’s office (USTR) said on Thursday that the 25% tariffs on imports of the French goods, which are valued at around $1.3 billion annually, would be suspended indefinitely.

Washington announced the tariffs in July after concluding a French digital services tax would harm firms such as Google, Facebook, Apple and Amazon.

The USTR said suspending the action against France, which had been due to come into force on Jan. 6, will allow it to pursue a coordinated response in 10 investigations involving other countries, including India, Italy, Britain and Turkey.

“The U.S. Trade Representative has decided to suspend the tariffs in light of the ongoing investigation of similar DSTs adopted or under consideration in ten other jurisdictions,“ the USTR said in a statement.

“Those investigations have significantly progressed, but have not yet reached a determination on possible trade actions,“ it said, adding its aim to achieve a “coordinated response in all of the ongoing DST investigations.“

The USTR said on Wednesday that it had concluded digital services taxes adopted by India, Italy and Turkey also discriminate against U.S. companies and are inconsistent with international tax principles, paving the day for potential retaliatory tariffs.

But it held off on announcing any specific tariff actions and said it would continue to evaluate all available options.

The probes are among several still open USTR Section 301 investigations that could lead to tariffs before President Donald Trump leaves office or early in the administration of incoming President-elect Joe Biden.

(Reporting by Andrea Shalal; Editing by Alexander Smith)

Share17TweetShareShare

Related Posts

Italy consumer association sues Apple for planned iPhone obsolescence

Italy consumer association sues Apple for planned iPhone obsolescence

25 January 2021
Makers of Sophia the robot plan mass rollout amid pandemic

Makers of Sophia the robot plan mass rollout amid pandemic

25 January 2021
Elon Musk

Elon Musk to offer $100 million prize for ‘best’ carbon capture tech

22 January 2021
Alphabet shutting Loon, which used balloon alternative to cell towers

Alphabet shutting Loon, which used balloon alternative to cell towers

22 January 2021
Next Post
Hacking victim SolarWinds hires ex-Homeland Security official Krebs as consultant

Hacking victim SolarWinds hires ex-Homeland Security official Krebs as consultant

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Popular News

  • 70TB of Parler users’ messages, videos, and posts leaked by security researchers

    70TB of Parler users’ messages, videos, and posts leaked by security researchers

    83034 shares
    Share 83024 Tweet 0
  • The ultimate guide to safe and anonymous online payment methods in 2021

    13 shares
    Share 13 Tweet 0
  • Facebook is tracking you: learn how to delete all Facebook data

    57 shares
    Share 57 Tweet 0
  • ProtonMail review: have we found the most secure email provider in 2021?

    69 shares
    Share 69 Tweet 0
  • Custom mechanical keyboards – 17 coolest ones we’ve ever seen

    442 shares
    Share 441 Tweet 0
Teespring data leaked on hacker forum

8+ million Teespring user records leaked on hacker forum

25 January 2021
Italy consumer association sues Apple for planned iPhone obsolescence

Italy consumer association sues Apple for planned iPhone obsolescence

25 January 2021
Google on laptop and mobile

Google vs Australia: The Battle of the Precedents

25 January 2021
Makers of Sophia the robot plan mass rollout amid pandemic

Makers of Sophia the robot plan mass rollout amid pandemic

25 January 2021
Elon Musk

Elon Musk to offer $100 million prize for ‘best’ carbon capture tech

22 January 2021
Is there life on Mars?

Is there life on Mars?

22 January 2021
Newsletter

Subscribe for security tips and CyberNews updates.

Email address is required. Provided email address is not valid. You have been successfully subscribed to our newsletter!
Categories
  • News
  • Editorial
  • Security
  • Privacy
  • Resources
  • VPNs
  • Password Managers
  • Secure Email Providers
  • Antivirus Software Reviews
Tools
  • Personal data leak checker
  • Strong password generator
About Us

We aim to provide you with the latest tech news, product reviews, and analysis that should guide you through the ever-expanding land of technology.

Careers

We are hiring.

  • About Us
  • Contact
  • Send Us a Tip
  • Privacy Policy
  • Terms & Conditions
  • Vulnerability Disclosure

© 2021 CyberNews

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.

Home

News

Editorial

Security

Privacy

Resources

  • In the News
  • Contact
  • Careers
  • Send Us a Tip

© 2020 CyberNews – Latest tech news, product reviews, and analyses.

Subscribe for Security Tips and CyberNews Updates
Email address is required. Provided email address is not valid. You have been successfully subscribed to our newsletter!