Washington:
President Donald Trump said on Thursday that he was planning to impose rates on Canada and France because of their digital service tax on American technological giants, who have been a long -term irritating.
Canada, looking for the challenge of taxing digital giants such as Google Parent Alphabet and Amazon.com who can make their profit in countries with low taxes, began to impose the tax in June last year.
On Thursday, Trump informed his economic team of coming up with a plan to impose mutual rates on every country that has levied tasks on American import.
A fact sheet from the White House, which said that “only America should be allowed American companies”, Canada and France complained digital service taxes to collect more than $ 500 million a year from American companies every year.
“In general, these non-reciprocal taxes cost the companies of America more than $ 2 billion a year. Mutual rates will reduce fairness and prosperity to the distorted international trading system and prevent the Americans from taking advantage of,” said the fact sheet. It did not give any further details.
Last year, under the previous Biden administration, Washington asked for the consultation of trade disputes with Canada about the tax, and called it discriminatory.
The office of Canadian Prime Minister Justin Trudeau was not immediately available for comment.
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