U.S. President Donald Trump said on Monday that the United States is close to reaching a compromise over France’s digital tax.
Trump’s comments came as he spoke to reporters at the G-7 summit in Biarritz, France, alongside German Chancellor Angela Merkel.
Merkel, meanwhile, said OECD (Organisation for Economic Co-operation and Development) nations wanted a solution to digital taxation by 2020.
France passed a 3% tax in July that targets around 30 big tech companies including Facebook, Amazon and Google.