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US suspends tariffs on French luxurious items over tax on Silicon Valley tech giants

Washington has subsidized down from plans to hit $1.3 billion of French products with new tariffs. The levies have been intended to be in retaliation to France’s attempt to hike taxes on American tech giants.
Washington has backed down from plans to hit $1.3 billion of French products with new tariffs. The levies were meant to be in retaliation to France’s attempt to hike taxes on American tech giants.

Original article
Original article
Author: Russia Today

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Russia Today has recently written 4 articles on similar topics including :
  1. "As concerns rise about the clout of the likes of Google and Facebook, more and more states are increasing pressure on tech giants. RTs Boom Bust breaks down how governments are trying to bring the sector under control". (January 26, 2021)
  2. "After some of his own videos were pulled by YouTube, progressive reporter Jordan Chariton has had a change of heart about Big Techs crackdown on extremist content, arguing that its a pretext to purge all alternative views". (February 4, 2021)
  3. "Moscow may be on a collision course with US-based networking conglomerates over perceived restrictions on Russian content, but its officials arent about to pull the plug on platforms in return, the countrys top senator has said". (March 2, 2021)
  4. "A British regulator will create a pro-competition unit to ensure tech behemoths like Google and Facebook dont use their sway to force out smaller rivals, which could be empowered to overrule company decisions and levy fines". (November 27, 2020)
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