Posted on 08/26/2019 5:16:47 AM PDT by Monrose72
BIARRITZ, France (Reuters) - French and U.S. negotiators have reached a compromise agreement on France’s digital tax, a levy which prompted U.S. President Donald Trump to threaten a separate tax on French wine imports, a source close to the negotiations said.The compromise struck between French Finance Minister Bruno Le Maire, U.S. Treasury Secretary Steven Mnuchin and Donald Trump’s White House economic adviser Larry Kudlow envisages that France would repay to companies the difference between a French tax and a planned mechanism being drawn up by the OECD . The draft agreement will be submitted to Trump and French President Emmanuel Macron later on Monday at a G7 leaders summit in Biarritz.
(Excerpt) Read more at reuters.com ...
What?
A tax on ‘ones and zeroes’ - or fingers?
Was this before or after that french #### invited Iran behind Trump’s back??
Why negotiate? Just put a 300% tariff on French wins and the French will soon stop trying to steal from Americans.
Regardless of this agreement, I predict a drop of French Wine sales in the USA. We make plenty of good wines....and so do other countries.
Easy solution: France is welcome to prevent their citizens from accessing online content from America, if those Americans don’t pay the tax.
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