The United States is proposing tariffs on up to AED 8.8 billion worth of French goods, in retaliation for France's tax on US tech giants.
Items such as cheese, handbags and makeup could face tariffs at rates of up to 100 per cent.
It's after an investigation by the Office of the US Trade Representative concluded that France's new digital services tax discriminates against American companies.
The French tax is aimed at stopping tech giants from avoiding taxes by putting their headquarters in low-tax European countries, and the US could investigate similar laws in Italy and Austria.
Indian state shuts some Domino's, Pizza Hut outlets, citing hygiene lapses
ADNOC's XRG advances global gas strategy with Venezuela entry
Iger, Kushner purchasing Lakers for record $12.5 billion
Chair of India's Tata to step down after tension with controlling charity
Emirates offers flyers to Dubai unlimited free date changes
