Company News, Financial News

A US-France Trade War?

Potential tariffs on cosmetics and fragrances.

The US is involved in so many disputes around the world these days, what's one more? On Friday, the Trump Administration warned it would impose tariffs on $1.3 billion of French imports if Paris doesn’t back down from plans to impose a new digital-services tax that would fall heavily on US technology companies. But officials note that there is plenty of time for negotiations. The proposed tariffs on certain cosmetics and handbags won't take effect until Jan. 6, 2021, according to th...

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