U.S. Tariff Threat Isn’t Swaying France on Taxing Tech Giants
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France held firm on its plans to resume collection of a national digital tax that hits technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc., saying it wouldn’t be swayed by threats of U.S. sanctions.
The U.S. plans to announce further details in the long-running battle with France over taxes on technology giants as soon as Friday. The tariff list to be released will be in the ballpark of $500 million to $700 million in goods, according to two people familiar with the matter. The items targeted could include levies on French wine, cheeses and handbags.