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.
The US is targeting tariffs at European aircraft and aerospace parts, as well a range of industries including food, wine, tractors and luxury goods, in the first stage of a two-way battle with the European Union over subsidies received by aircraft manufacturers Airbus and Boeing.
France's economy minister said his government would 'work closely with our American friends on a universal tax on digital activities' ahead of a G7 summit in Biarritz in late August, adding that French President Emmanuel Macron had held a lengthy conversation with his US counterpart Donald Trump after the latter had slammed Macron's 'foolishness' over the tax and threatened retaliatory tariffs on French wine imports.
France has moved independently from the European Union with the approval by its parliament on Thursday of a 3 percent tax on sales of more than 25 million euros generated in the country by technology companies, which would notably include US giants such as Google and Facebook, and which the White House said it was investigating as it could amount to an unfair trade practice.
France's economy minister Bruno Le Maire has said he hoped the European Union would step in to compensate companies from among its member states who are targeted by sanctions which US president Donald Trump intends to introduce against firms doing business with Iran.
The French government has reacted angrily to US President Donald Trump's decision, after withdrawing from the 2015 nuclear accord with Iran, to re-impose sanctions on companies that do business with Tehran and which include Airbus, French carmakers Renault and PSA, and oil giant Total.
French foreign minister Jean-Yves Le Drian said that despite US President Donald Trump's decision to withdraw from the 2015 agreement with Iran limiting its nuclear development programme in exchange for a lifting of economic sanctions France would stick to the deal, while economy minister Bruno Le Maire said the US must not consider itself as the world’s 'economic policeman'.
France has joined the US and Britain in attacks overnight Friday against sites in Syria identified as production plants for chemical weapons, in response to a suspected chemical attack on the Syrian rebel-held town of Douma last week.
French President Emmanuel Macron is to announce on Monday evening the names of winners of so-called 'Make Our Planet Great Again' grants offered to US-based climate scientists to relocate to France to work on projects of three to five years, and which were created to counter US President Donald Trump's pullout from the 2015 UN-led global accord in Paris on measures to reduce climate change.
French President Emmanuel Macron, British Prime Minister Theresa May and her German counterpart Angela Merkel have issued a joint statement in support of the 2015 agreement with Iran limiting its use of nuclear technology which US President Donald Trump said on Friday he would not recertify, while Macron phoned Iranian President Hassan Rouhani to assure him in person of France's committment to the deal.
Despite the statements of support for the Paris accord on combating climate change by US cities, states and other groups since President Donald Trump's withdrawal from the agreement concluded in December 2015, they could encounter difficulties in implementing the accord on a sub-national basis.
The Trump administration has shown itself only too eager to continue Obama-era policies of providing financial, logistical and intelligence support to France in this region, hoping to avoid having to put American combat forces on the ground in yet another global hot spot.
Germany's newly appointed foreign minister Sigmar Gabriel made his first official trip to meet with his French counterpart Jean-Marc Ayrault in Paris on Saturday, when the two men said US president Donald Trump's four-month ban on refugees from entering his country 'can only worry us' and goes against western values.
Former economy minister and independent centrist candidate in France's presidential elections, Emmanuel Macron, who increasingly appears to be within reach of the final round of the polling in May, said Britain was 'becoming the junior partner of the United States' after previously living 'in an equilibrium with Europe'.