U.S. delays tariffs on French products
PARIS — France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants.
The U.S. Trade Representative’s office said in a statement
Thursday that it suspended the tariffs targeting France, which had been scheduled to enter in force this week, because it is investigating similar tech taxes from a growing number of other countries, too.
French Finance Minister Bruno Le Maire said his government “takes note” of the U.S. decision and called for a global agreement on taxing online behemoths such as Google and Amazon.