France and the U.S. have struck a truce on the divisive issue of taxing digital giants like Google parent Alphabet Inc., averting a trade war on the matter—at least for now. The detente comes after the French President Emmanuel Macron reached out by phone to President Trump on Sunday seeking a way to end the threat of tariffs while they work out a broader accord on digital taxation, according to U.S. and French officials.

Source: Wall Street Journal January 21, 2020 00:07 UTC