The Trump administration proposed tariffs of up to 100% against $2.4 billion of French imports, saying the nation’s new digital-services tax unfairly targets U.S. tech companies such as Apple Inc. and Alphabet Inc.’s Google unit. The French tax, which was signed into law July 24, applies a 3% tax on revenue that tech companies reap in France from such activities as undertaking targeted advertising or running a digital marketplace.

Source: Wall Street Journal December 02, 2019 23:15 UTC