Bloomberg Tax
July 11, 2019, 9:41 AM

France, U.S. Shouldn’t Settle Differences With Threats: Le Maire

Helene Fouquet
Helene Fouquet
Bloomberg News
William Horobin
William Horobin
Bloomberg News

French Finance Minister Bruno Le Maire says this is the first time in France’s history that a U.S. administration has opened a so-called 301 investigation against the country.

  • Le Maire says he profoundly believes that allies should settle their differences without resorting to threats.
  • The White House announced plans July 10 to investigate whether the tax would hurt U.S. technology firms, and suggest remedies.
  • Le Marie says he had a long conversation with U.S. Treasury Secretary Steven Mnuchin, who alerted him to the 301 procedure.
  • He says France is a sovereign country and will continue to take sovereign decisions
  • The ...

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