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US suspends proposed tariffs on French products amid digital tax dispute


WORLD / EUROPE
By Xinhua Published: Jan 08, 2021 02:41 PM
Photo taken on May 14, 2019 shows a cargo loading area of Port Jersey in New Jersey, the United States.Photo:Xinhua
The United States has decided to suspend proposed tariffs on about 1.3 billion US dollars worth of French products amid a dispute over digital service taxes (DSTs), the US Trade Representative s (USTR s) Office said Thursday.
The additional 25-percent tariffs on certain French products were announced in July 2020 in response to France s DST that impacts major US technology companies, and were scheduled to go into effect on Wednesday.
The US Trade Representative has decided to suspend the tariffs in light of the ongoing investigation of similar DSTs adopted or under consideration in ten other jurisdictions. Those investigations have significantly progressed, but have not yet reached a determination on possible trade actions, the USTR s Office said Thursday in a statement. ....

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