France, US agree truce over digital tax dispute


The dispute which began last year with France's planned levy of up to three percent on revenues earned by US tech companies in France, and which Washington  threatened to retaliate against with higher tariffs on imports of French goods, de-escalated this week with both sides agreeing on negotiations that may continue throughoiut the year.

Reading articles is for subscribers only. Subscribe now.

Presidents Emmanuel Macron and Donald Trump have agreed to extend till the end of the year negotiations on a dispute over a French tax targeting online giants, postponing Washington's threat of sanctions, according to French officals, reports The Buenos Aires Times.