U.S. threatens 100% tariffs on French cheese and Champagne
WASHINGTON -- U.S. trade officials proposed a wave of tariffs on French goods Monday as they released a report finding that a new French tax on digital services — affecting large American tech companies such as Facebook and Google — represents a barrier to trade. The list of proposed U.S. tariffs covers dozens of products, including cheeses, beauty products, handbags and sparkling wines such as Champagne. The move risks escalating transatlantic trade tensions after the United States already hit $7.5 billion worth of European goods — including French wine, Italian parmesan cheese and Scotch whisky — in October over subsidies to planemaker Airbus.
Post to Tumblr