USA, France is being threatened with tariffs on cheese and champagne

The trade war on The USA envisage, to demonstrate certain French products with customs duties of up to 100 percent. Such as consumer products, such as wine, champagne, cheese, and handbags, which France sold to the United States. It comes to goods with a total value of 2.4 billion dollars. The duties are to be introduced in the new year – in January, in addition, public Hearings are to be conducted.

The customs notice, the United States has, particularly against the Background of the meeting of US President, Trump and the French President, Emmanuel Macron on Tuesday meaning. At a joint press conference in Paris, Trump declared to the plans of his government to soothing, you'll probably find a common solution.

the measures taken by The Americans are the answer to a tax that France imposes in the current year, on revenues of Internet companies. It is not only, but for the most part to US companies like Google, Apple, Facebook or Amazon. The American government sees this as an "unreasonable and discriminatory burden on the U.S. trade". Trump is disturbed mainly due to the fact that a foreign country of U.S.-taxed companies.

Could in the future be for US Americans, a more expensive Fun: Traditional French cheese is sold on the organic market in Chambéry. Photo: Emrah Oprukcu ()

France in the taxes, a measure to improve tax fairness. In contrast to other companies that are charged on average in the EU with a tax rate of 23.2 percent, the rate in the case of the Internet company, according to the French government, only at 9.5 percent.

More countries in focus

An adaptation of the taxation of Internet companies have introduced in addition to France, Austria, Italy and Turkey, or planned. The United States to terminate, therefore, the examination of measures against these three countries. Pre-France is forging ahead with the taxes, because so far, one of this country's preferred international approach has failed. It was planned a solution in the framework of the club of the industrial countries of the OECD.

To a confrontation with China, Trump said on Tuesday he did not see any rush to come out with the Chinese an agreement.

The of the United States intended to take action against France is the last note to a new escalation in the trade war. To open conflict with China, Trump said on Tuesday he did not see any rush to come out with the Chinese an agreement. The also refers to a widely anticipated interim agreement.

For the 15. December, is planning to Trump so far, zöller increases to 15 percent on other imports in the amount of 160 billion dollars from China. Would be affected this time, consumer products such as toys, children's clothes and mobile phones. Most observers expect that Trump will waive this tariff increase, and it comes at the beginning of next year to an interim agreement.

The announced measures against France and other European countries, more on Monday approved duties against Argentina and Brazil and the recent statements by Donald Trump to the trade dispute with China weighed on global equity markets.

Created: 03.12.2019, 09:01 PM