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
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- The Trump administration’s trade policies clash with each other
- Tax our tech and we’ll blacklist your bubbly
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- The perils and rewards of economies in rehab
- Myanmar admits foreign life insurers
- For 15 years two currencies have outperformed all others
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