French officials say their country will not cave in to US pressure after Washington threatened to impose tariffs of up to 100 percent on French goods worth $2.4 billion.
The punitive taxes on French-made goods are retaliation for France imposing a digital service tax in July, which the US believes to be discriminatory against tech giants like Google, Facebook, Apple, and Amazon. Agnes Pannier-Runacher, France’s junior economy minister, said Paris should not reverse its taxation rules because they make economic sense.
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