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France’s plan to tax tech companies could lead to the US imposing new tariffs on the country

U.S. President Donald Trump has asked for an investigation into France’s planned tax on technology companies 

Reuters reports, citing an unnamed source:

  • could potentially lead to the United States imposing new tariffs or other trade restrictions
  • US Trade Representative Lighthizer to set up the investigation
  • Questioning if France’s digital-tax plan would hurt US technology companies
  • A Section 301 investigation, will assess if France’s levy poses an unfair trade practice

Previous S 301 investigations have covered Chinese trade practices and European Union subsidies on large commercial aircraft

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