French Finance Minister Bruno Le Maire said he would “not leave it alone” if the United States implemented a tax on French goods.
The French finance minister recently continued to show a tough attitude to the US around the issue of tariffs. In a press conference on taxing technology, a move allegedly aimed at US technology giants, Bruno Le Maire said France would “not sit still” if the US taxed its goods. in retaliation.
|French Finance Minister Bruno Le Maire|
“We want to avoid a trade war, but we are willing to respond with our European partners, if we encounter sanctions that we deem inappropriate, unfriendly and unreasonable.” “- Mr. Bruno Maire said.
The year 2019 saw a dispute between France and the United States over the imposition of technological tariffs that are mainly influenced by U.S. technology firms. The name of the French tax has also shown its goal to target US businesses with GAFA, which stands for the first letter of Google, Apple, Facebook and Amazon.
The new tax aims to make tech giants pay taxes to the French Budget on the revenues they generate from providing services to French consumers.
The administration of US President Donald Trump has repeatedly condemned the French move, saying it discriminated against American companies and vowed to impose tariffs in response.
Some of France’s most sensitive items are on the wine, cheese and cosmetics list, with tariffs of up to 100%. Some products included in the package worth up to US $ 2.4 billion of French imports into the US may be subject to tax that was issued by the US Trade Representative Office in December 2019.
The US Trade Representative Office plans to hold public hearings on the sanctions on January 7 and will accept public comments until January 14.
France has expressed its outspoken attitude many times in the past regarding US technology taxation and affirmed that it would bring the issue of US tax and retaliation to the World Trade Organization (WTO).
The confrontation between France and the United States is not only about the story of technology taxation or the conflict of opinion about sponsoring aircraft carriers. French President Emmanuel Macron has also expressed his criticism of the “big brother” in the organization of the North Atlantic Treaty (NATO).
Instead, Mr. Macron has had many occasions to show his approach to Russia, support Europe to move closer to Moscow and lift economic sanctions.
In November 2019, the French President had an interview causing a storm when it came to a military alliance of which France is a member of “brain loss” and constantly mentioned the European viewpoint for dialogue. with Russia, stopping isolation or punishing Russia on the pretext of “annexing Crimea”.
In the interview, Mr. Macron said that Europe is on the “brink” and “will no longer control our destiny”, unless Europe begins to take action to show that they have strength. geopolitically.
To do so, the French president said that Europe should restore “military sovereignty” and maintain dialogue with Russia.
|After a period of “close” Donald Trump, Mr. Macron turned to improve relations with Russia.|
“Europe should begin to act as a great power with strategic power and the first order to do is to reopen the dialogue with Russia,” the French president said in an interview with The Economist.
Dialogue with Russia becomes even more essential when Europe can no longer rely on the United States to reassure its safety as a NATO ally.
Mr. Macron emphasized, “Washington is showing signs of turning away from us.”
In August, he once said that it would be wrong if Europe tried to isolate Russia.
“We are living at a time when the hegemony of the West is over. We are pushing Russia toward isolation and increasing sanctions, which will cause Russia to seek other allied powers like China, and that is not in our interest. ”- Declared by the President of France.
The head of the Elysee Palace also called on European countries to rethink their relationship with Russia. If not, Europe will become “the arena of fighting between Washington and Moscow”.