Macron says deal struck with US on taxing tech giants

Published Mon, Aug 26, 2019 · 03:59 PM

[BIARRITZ, France] Donald Trump and Emmanuel Macron's governments have struck a deal to end a feud over France's tax on some tech giants, the French president said.

"We have reached a very good agreement," Mr Macron said at a joint news conference with Mr Trump at the conclusion of the Group of Seven summit in Biarritz, France.

Mr Trump had threatened to impose tariffs on French wine imports in response to France's planned tax.

BLOOMBERG

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here