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  • The United States unveiled 25 percent punitive duties on $1.3 billion in French products in retaliation for the country's tax on American tech giants, but will hold off on collecting the fees to allow time to resolve the dispute. The US Trade Representative said the Digital Services Tax "unfairly targets U.S. digital technology companies," but will suspend the tariffs until January 6, 2021 while discussions continue, including at the Organisation for Economic Co-operation and Development. French cosmetics and handbags will be subject to the tariffs, but champagne, camembert and Roquefort were spared, according to the final product list. hs/ft
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  • US unveils 25% tariffs on $1.3 bn in French goods but suspends collection
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