The United States threatens France and the European Union with tariffs if they apply the 'Google tax'
Now the United States threatens France and the European Union, stressing that if the 'Google rate' is applied, it will begin to implement more tariffs.
After the issue between the United States and Huawei was more or less resolved , it was only a matter of time before a new front opened up. Donald Trump and his administration are investigating the French "Google tax." The French government wants these large companies to pay a tax. Understandably, Trump and his administration see this as a conspiracy and believe it's an attempt to harm American companies.
The Office of the United States Trade Representative says of the 'Google rate': “the structure of the proposed new tax, as well as statements made by officials, suggest that France is unfairly targeting certain US-based tech companies "
The United States is now on the warpath against the French 'Google rate'
An investigation that comes from above, according to Robert Lighthizer: "The president has directed that we investigate the effects of this legislation and determine if it is discriminatory or unreasonable and burdens or restricts the commerce of the United States"
La Vanguardia, on the other hand, highlights that US government sources say they will respond to the 'Google tax' with tariffs. They say these tariffs will target European Union products, such as wine and automobiles. Such threats are not new.
They emphasize that if the 'Google tax' is imposed, not only will French articles be penalized, but also European ones. The rules of the World Trade Organization establish it. These duties will be given on certain products if the 3% tax is applied to digital services of US companies.
France will force companies to pay 3% to companies that exceed 750 million euros in revenue annually worldwide. This will mean a minimum income of about 35 million euros. A French tax that was born as a result of the fall on deaf ears of a global framework in the European Union. There was a commission to create a tax similar to the 'Google rate' and throughout Europe, [amazon_textlink asin = 'B07PVXVKBH' text = 'but it has come to nothing.' template = 'ProductLink' store = 'hardwa028-21 ′ marketplace =' ES 'link_id =' bcf78841-90db-400f-9986-8532c5e21219 ′]
