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 ...