Rather Than Retaliate, Biden Should Work With France Over Its ‘Tech Tax’

French Finance Minister Bruno Le Maire attends a press conference in Paris, June 10, 2020 (AFP Pool photo by Ludovic Marin via AP).
French Finance Minister Bruno Le Maire attends a press conference in Paris, June 10, 2020 (AFP Pool photo by Ludovic Marin via AP).
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President-elect Joe Biden is about to inherit a trade dispute that gives him an early chance to show whether he is prepared to break not just with Donald Trump, but with the corporate-friendly trade policies championed by his Democratic predecessors. The outgoing administration is set to impose new tariffs over France’s recent decision to tax the revenue of U.S. digital giants like Facebook, Apple and Google, charging that the move discriminates against U.S. companies. For Trump, the fight is a simple matter of protecting the profits of rich American companies against what he sees as a European cash grab. Barack […]

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