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Macron and Trump declare truce in digital tax dispute

2020-01-21 08:40:01       source:Reuters

January 21, 2020 


PARIS (Reuters) - French President Emmanuel Macron said on Monday he had a “great discussion” with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid a rise in tariffs.


Macron and Trump agreed to hold off on a potential tariffs war until the end of 2020, a French diplomatic source said, and continue negotiations at the Organization for Economic Cooperation and Development (OECD) on the digital tax during that period.


“They agreed to give a chance to negotiations until the end of the year,” the source said. “During that time period, there won’t be successive tariffs.”


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https://www.reuters.com/article/us-france-usa-tax/macron-and-trump-declare-truce-in-digital-tax-dispute-idUSKBN1ZJ24D