France can’t decide whether it wants to exemplify the reason and logic of René Descartes or the “bed-wetting” (President Charles DeGaulle’s term) of the May 1968 student rioters. The latter now seems the preference of the French government as exemplified by its unprincipled tax attack on four hugely successful US internet companies. The attack should […]
Conflict with EU likely in 2nd Trump administration
“Crunch time” for multi-billion dollar US-EU aircraft and digital-service tax disputes; Japan joins US-Brazil proposed WTO reforms to curb Chinese violations; farmers now getting more income from US government than from ag sales The weekly trade report with L.C. Two important sources of US conflict with the EU bear watching. The first is the conflict […]
French impose tax aimed mainly at US software companies
Trade correspondent L.C. reports: US Trade Representative (USTR) Robert Lighthizer announced on July 10th that it is initiating a Section 301 investigation focused on the new French Digital Services Tax (DST). The tax is expected to hit major US technology companies hard. The investigation will determine if the tax is an unfair trade barrier and […]
