Macron, Trump may have tariff truce in 2020 digital tax spat

January 22, 2020 Siyabonga Mtangana

French President Emmanuel Macron delivers a speech as he visits a plant of British-Swedish pharmaceutical group Astrazeneca in Dunkirk, northern France, Monday, Monday, Jan. 20, 2020. French President Emmanuel Macron is hosting 180 international business leaders at the Palace of Versailles in a bid to promote France’s economic attractiveness despite over six weeks of crippling strikes over his government’s planned pension changes.(Denis Charlet/Pool Photo via AP)

INTERNATIONAL – Presidents Emmanuel Macron and Donald Trump agreed to a truce in their dispute over digital taxes that will mean neither France nor the U.S. will impose punitive tariffs this year.

Macron said on Monday he had a “great discussion” with Trump on the issue, without giving details.

“We will work together on a good agreement to avoid tariff escalation,” he said on Twitter.

Source: iol.co.za

← Goldman’s Currie warns Palladium may test $3,000, then slide
WATCH: Anglo in bid to acquire UK-based Sirius →

You May Also Like

Rand gains as traders see signs of fiscal reprieve

JSE faces Asian market pressure amid Chinese property jitters

SA public servants union says concerns about PIC corruption vindicated