U.S. Trade Representative (USTR) Katherine Tai issued a statement on Friday (26), will not stop the tariff investigation of Austria, the United Kingdom, India, Italy, Spain and Turkey, and is ready to impose tariffs on six countries as a countermeasure to the local digital tax imposed on U.S. companies.
Comprehensive foreign media reports, Dage statement pointed out that the U.S. Trade Representative Office (USTR) will implement digital taxes on this 6 countries, continue to promote the Trump administration to impose potential tariffs, including the announcement of information and collection of public opinion.
Digital tax for the European countries in 2019 to develop new regulations to the United States, including Google, Facebook, Amazon and other multinational technology giants to impose a digital services tax, attracted the United States vigorously dissatisfied.
The United States is committed to achieving international consensus on international tax issues through the Organization for Economic Cooperation and Development (OECD), but before that, the United States will maintain the “Section 301” tariff investigation process, and when necessary, taxation. The provision used to give the U.S. Trade Representative Office considerable power to counter the imposition of import tariffs and other trade barriers on the United States, and to initiate investigations.
Since Brazil, the Czech Republic, the European Union and Indonesia have not adopted or implemented the previously considered digital tariffs, the USTR has stopped tariff investigations against these countries; however, if the digital tariffs are reintroduced in the future, it is not excluded that the investigations will be reopened.
In retaliation for France’s digital tax, the United States last year to France’s champagne, cosmetics and other imports worth up to $1.3 billion to impose higher tariffs; “The Hindu Business Line” (The Hindu Business Line) also revealed on the 29th, the United States has proposed to shrimp, fragrant rice, Gold and silver products, a variety of Indian products to impose retaliatory tariffs of up to 25%.
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