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Minister: France Aims for US Digital Tax Deal by Late August

Agence France-Presse

   PARIS - France wants to reach a deal with the U.S. on taxing tech
   giants by a Group of 7 meeting in late August, Economy Minister Bruno
   Le Maire said Saturday.

   He was responding to U.S. President Donald Trump, who on Friday vowed
   "substantial" retaliation against France for a law passed this month on
   taxing digital companies even if their headquarters are elsewhere.

   The law would affect U.S.-based global giants like Google, Apple,
   Facebook and Amazon, among others.

   Trump denounced French President Emmanuel Macron's "foolishness,"
   though they discussed the issue by phone Friday, according to the White
   House.

   Macron confirmed that he had a long conversation with Trump, stressing
   the pair would "continue to work together in view of the G-7."

   "We will discuss international taxation, trade and collective
   security," he said Saturday.

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