- Threatened 25% tariffs on French luxury goods are suspended.
- USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies.
- Biden’s new USTR will face immense pressure to negotiate the digital taxation issue in the first few weeks of her tenure.
In the last few weeks of former President Trump’s term in office, the United States Trade Representative (USTR) suspended its previous plans to impose tariffs on certain French luxury goods, as we discussed here and here.
Continue Reading USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks