Countering digital taxation in the US and France 25% tariff on cosmetics, etc. 11th July 11:03
The US government has announced a counter-measure to add a 25% tariff on imported goods such as handbags and cosmetics, saying that France's digital tax improperly targets its IT companies.
The US Trade Representative announced on the 10th that it will add 25% tariff to imported goods worth 1.3 billion dollars as a countermeasure against France, which is the first to introduce digital taxation to large IT companies. We are targeting 21 items such as handbags and cosmetics imported from France to the United States.
Regarding digital taxation, which is becoming increasingly popular in various countries, the US government is strongly repulsing that it is unfairly targeting its own companies such as Google and Amazon.
The US government has argued that international organizations such as OECD = Organization for Economic Co-operation and Development should make unified rules, but last month it indicated that it did not take into account the intentions of the United States. He then clarified his intention to take countermeasures.
However, regarding this measure, the US government has said that the tariff invocation will be delayed until the beginning of January next year, half a year later, citing that the OECD discussion will take some time.
By showing a tough attitude, it seems that the United States has a desire to force each member country of the OECD to make rules based on the intentions of the United States.