U.S. proposes 100% tariffs on French Champagne, cheese, handbags over digital tax

The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.

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Source:: Reuters – Business News