86 626
Fashion Jobs
MACY'S
Retail Fulfillment Associate, University Park Mall - Part Time
Permanent · MISHAWAKA
MACY'S
Asset Protection Captain, Interstate - Full Time
Permanent · RAMSEY
MACY'S
Retail Fulfillment Associate, Ventura Pacific View - Part Time
Permanent · VENTURA
MACY'S
Asset Protection Detective, South Beach - Full Time
Permanent · MIAMI BEACH
MACY'S
Asset Protection Security Guard, Garden State Park - Full Time
Permanent · CHERRY HILL
MACY'S
Retail Fulfillment Associate, White Oaks - Part Time
Permanent · SPRINGFIELD
MACY'S
Retail Fulfillment Associate, Galleria at Pittsburgh Mills - Part Time
Permanent · TARENTUM
MACY'S
Asset Protection Captain, Orland Square - Full Time
Permanent · ORLAND PARK
MACY'S
Asset Protection Security Guard, Queens Center - Part Time
Permanent · NEW YORK
MACY'S
Retail Fulfillment Associate, Village at Fairview - Part Time
Permanent · FAIRVIEW
MACY'S
Asset Protection Detective, Marley Station - Part Time
Permanent · GLEN BURNIE
MACY'S
Asset Protection Security Guard, Broadcasting Square - Part Time
Permanent · WYOMISSING
MACY'S
Asset Protection Security Guard, Winter Garden Village - Part Time
Permanent · WINTER GARDEN
MACY'S
Manager, Asset Protection
Permanent · SPRINGFIELD
MACY'S
Asset Protection Security Guard, Centerton Square - Part Time
Permanent · MOUNT LAUREL TOWNSHIP
MACY'S
Retail Fulfillment Associate, Westland - Part Time
Permanent · HIALEAH
MACY'S
Asset Protection Security Guard, Bloomingdale Court - Part Time
Permanent · BLOOMINGDALE
MACY'S
Retail Fulfillment Associate, Cumberland Mall - Full Time
Permanent · ATLANTA
MACY'S
Asset Protection Security Guard, Broadcasting Square - Full Time
Permanent · WYOMISSING
MACY'S
Retail Fulfillment Associate, Riverpark - Part Time
Permanent · FRESNO
MACY'S
Retail Fulfillment Associate, Shoppes at Buckland Hills - Part Time
Permanent · MANCHESTER
MACY'S
Retail Fulfillment Associate, Empire - Part Time
Permanent · SIOUX FALLS
By
Reuters
Published
Jan 8, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

U.S. suspends French tariffs over digital services tax

By
Reuters
Published
Jan 8, 2021

​The United States on Thursday said it would hold off slapping tariffs on French cosmetics, handbags and other imports in retaliation for a digital services tax Washington says will harm U.S. tech firms, while it investigates similar taxes elsewhere.


Reuters


The U.S. Trade Representative’s office (USTR) said the 25% tariffs on imports of the French goods, which are valued at around $1.3 billion annually and were due to go into effect on Wednesday, would be suspended indefinitely.

Washington had announced the tariffs in July after a U.S. investigation showed a French digital services tax (DST) unfairly singled out U.S. companies such as Google, Facebook, Apple, and Amazon.

France and other countries view digital service taxes as a way to raise revenue from the local operations of big tech companies which they say profit enormously from local markets while making only limited contributions to public coffers.

USTR said suspending the action against France would allow Washington to pursue a coordinated response in 10 investigations into similar taxes in India, Italy, Britain and other countries. It gave no timeframe for further action.

European leaders and industry groups welcomed the news, saying it would allow more time for talks on a global taxation solution to bear fruit.

“The U.S. Trade Representative has decided to suspend the tariffs in light of the ongoing investigation of similar DSTs adopted or under consideration in ten other jurisdictions,” the agency said in a statement, adding it had not yet determined possible trade actions in the other cases.

French Finance Minister Bruno Le Maire said the tariffs would not have been “legitimate” under WTO rules in any case and redoubled his call for a global solution.

“Trade disputes between the United States and Europe ... will only make losers, particularly during this time of crisis,” he said.

EU Trade Commissioner Valdis Dombrovskis emphasized Brussels’s willingness to work on a global solution for fair taxation of the sector.

“The EU stands ready to explore all options should the U.S. unilaterally apply these trade measures,” he said.

The reprieve gives President-elect Joe Biden and his nominee as trade czar, Katherine Tai, time to work with France and other countries to find a multilateral solution, said Coalition of Services Industries.

CSI President Christine Bliss also urged France and other countries named in the USTR investigation to suspend imposition of DSTs and continue working toward a solution.

Nearly 140 countries involved in talks agreed in October to keep negotiating until mid-2021 after discussions stalled as Washington became reluctant to sign up to an international deal ahead of the U.S. presidential election.

The USTR on Wednesday said it had found that digital services taxes adopted by India, Italy and Turkey also discriminated against U.S. companies and were inconsistent with international tax principles, but held off on announcing any specific tariff actions.

The probes are among several active USTR probes that could lead to tariffs before President Donald Trump leaves office or early in the Biden administration.

© Thomson Reuters 2024 All rights reserved.