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France to retaliate if US doubles Champagne, cheese prices

Posted On: Dec 3, 2019   |   Posted By: Boston Herald

PARIS - France is bristling at a U.S. threat to slap 100% tariffs on French cheeses, Champagne and other products, with the French leader telling President Trump on Tuesday that the move would amount to an attack on all of Europe.
The U.S. Trade Representative proposed the tariffs on $2.4 billion in goods Monday in retaliation for a French tax on global tech giants including Google, Amazon and Facebook.
France's reaction was swift and robust, with President Emmanuel Macron and his finance minister both warning of a European riposte if the U.S. measure is implemented.
“We'll see where the discussions lead in the coming weeks, but it will involve a European response,” Macron said in a meeting with Trump on the sidelines of a NATO summit in London. “Because, in effect, it wouldn't be France that is being sanctioned or attacked but Europe.”
Macron said it's “not fair” that digital revenues are taxed less than real-life revenues. He said France shouldn't be singled out for wanting to correct that imbalance with a...

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