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Mon, 20 Jan 2020 20:54 GMT

Le Maire Says Ready to Challenge Proposed US Tariffs on French Goods

Business

7Dnews London

Sun, 08 Dec 2019 12:37 GMT

France's Minister of Economy and Finance Bruno Le Maire on Sunday December 8th said France was prepared to challenge US administration’s threat to slap up to 100% tariffs on French champagne and other French goods, Reuters reported.

“We are ready to take this to an international court, notably the (World Trade Organisation) WTO,” Le Maire said.

The tariffs were already proposed on $2,4 billion in French goods earlier in December by the US Trade Representative, according to AP. The move comes in retaliation for France’s decision to place tax on Google, Facebook, Amazon and other global technology giants.

Le Maire on France 3 TV, however, affirmed that the French decision was “not discriminatory” as it also includes other companies that are not American, including European, French and Chinese ones, according to Reuters.


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