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July 12, 2019

France adopts pioneering tax on tech giants

PARIS (AP) — France adopted a pioneering tax on internet giants like Google, Amazon and Facebook on Thursday, despite U.S. threats of new tariffs on French imports.

The final vote in favor of the tax in the French Senate came hours after the Trump administration announced an investigation into the tax under the provision used last year to probe China's technology policies, which led to tariffs on $250 billion worth of Chinese imports.


 
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