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France agrees to press pause on digital tax aimed at US tech companies

January 21, 2020

Via: ZDnet
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French President Emmanuel Macron and the US President Donald Trump have agreed to pause the digital trade war that had been brewing over the few months between the two nations.

Tensions escalated after France passed a digital services tax in the summer targeting US tech giants, and the US recently announced retaliatory measures in the form of punitive tariffs on French products.

But now Macron and Trump have said that no tariffs will come into force until the end of 2020, meaning that France will delay collecting the new tax, and the US will not introduce extra tariffs.

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