DAVOS, Switzerland (Reuters) – French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States.
France’s Economy Minister Bruno Le Maire addresses a news conference during the 50th World Economic Forum (WEF) in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse
“We are moving in the right direction,” Le Maire told Reuters TV at the World Economic Forum in the Swiss ski resort of Davos on Thursday, adding that he thought France was close to striking an agreement with the United States.
U.S. President Donald Trump and French President Emmanuel Macron discussed the issue in a phone call on Sunday, with both sides sounding positive afterwards, in contrast to the threats the U.S. has made to impose tariffs on exports of champagne and other luxury goods in retaliation for a French digital tax.
But Paris and Washington failed to agree on Wednesday on how to push…
Source Reuters Tech News