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France's hopes lift as US freezes tariffs over tech tax

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PARIS – France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants.The U.S.

Trade Representative’s office said in a statement Thursday that it suspended the tariffs targeting France, which had been scheduled to enter in force this week, because it is investigating similar tech taxes from a growing number of other countries, too.French Finance Minister Bruno Le Maire said his government “takes note” of the U.S.

decision and called for a global agreement on taxing online behemoths like Google and Amazon.It’s among multiple trade disputes that have damaged trans-Atlantic ties in recent years.

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