Tax our tech and we’ll blacklist your bubbly
Tariff threats move from trade to tax
“UNACCEPTABLE”, harrumphed France’s finance minister. Worthy of a “pugnacious” response, thundered a colleague. The object of this Gallic ire was the Trump administration’s threat this week to impose 100% tariffs on some of France’s tastiest exports, from cheese to champagne, in response to its government’s planned digital-sales tax.
This article appeared in the Finance & economics section of the print edition under the headline “Bottle shock”
Finance & economics December 7th 2019
- Climate change has made ESG a force in investing
- The Trump administration’s trade policies clash with each other
- Tax our tech and we’ll blacklist your bubbly
- Splits in Italy threaten to derail euro-zone reforms
- The perils and rewards of economies in rehab
- Myanmar admits foreign life insurers
- For 15 years two currencies have outperformed all others
- Created to democratise credit, P2P lenders are going after big money
From the December 7th 2019 edition
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Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
How Trump, Starmer and Macron can avoid a debt crunch
With deficits soaring, their finance ministers will have to be smart
What Scott Bessent’s appointment means for the Trump administration
The president-elect’s nominee for treasury secretary faces a gruelling job
What Donald Trump and Bernie Sanders get wrong about credit cards
Forget interest rates. Rewards are the real problem
Computers unleashed economic growth. Will artificial intelligence?
Two years after ChatGPT-3.5 arrived, progress has been slower than expected