Mnuchin said Tuesday the US will impose fresh tariffs on Italy and Britain if they move forward with plans to tax technology companies like Google and Facebook. The Trump administration argues such taxes discriminate against Silicon Valley and are inconsistent with international tax policy. The warning came a day after […]
The US has threatened to levy tariffs of up to 100% on $US2.4 billion worth of products from France. In testimony before US trade officials this month, US businesses warned that the tariffs would raise prices for consumers and lead to job losses. “The proposed tariffs would force the price […]
France and the US have set a two-week deadline to reach a compromise over a controversial digital tax, French finance minister Bruno le Maire told reporters on Tuesday, the Financial Times reported. Since France imposed the 3% revenue tax on Google, Facebook, and other companies providing digital services to its […]
