The US hits French cosmetics companies with 25% duties in digital tax row

Published: 16-Jul-2020
Colour Cosmetics Skin Care Finance

The duties imposed by the Trump administration are in retaliation of France’s Digital Services Tax, which the US considers ‘unreasonable’ and a restriction on commerce

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French cosmetics companies will be required to pay a new 25% tax on products imported with a trade value of approximately US$1.3bn.

The Office of the United States Trade Representative (USTR) announced that the additional duties were being rolled out in response

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