The Trump administration has proposed 100% tariffs on French goods imported into the U.S. in retaliation for France's imposition of a digital tax on large U.S. tech companies.
The office of the U.S. Trade Representative made the proposal in a filing released late Monday.
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France approved the tax measure last summer, imposing a 3% tax on French revenue of technology companies.
The measure was seen as targeting Facebook (FB - Get Report) , Amazon.com (AMZN - Get Report) and Alphabet (GOOGL - Get Report) . At the time it passed, the Trump administration condemned the measure as being unfair to U.S. companies.
-thestreet
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