[t4b-ticker]

According to Trade Secretary Robert Lighthizer, the US administration is committed “to countering the growing protectionism among EU Member States that unfairly targets American companies, both with digital services taxes and other attempts against major US digital companies “, citing” Section 301 “, a measure approved by Congress in 1974 that allows the administration to launch retaliatory commercial measures against foreign countries.

For the US administration, the web tax discriminates against US companies, is inconsistent with the prevailing principles of international tax policy and represents an unusually heavy burden for the companies affected.

The US will be able to take action against web tax regimes involving American giants, threatening rates of up to 100% on 2.4 billion dollars of imports from France.

Indeed, France has imposed the digital tax, which provides for a 3% tax on companies that bill more than 750 million euros, of which at least 25 million are generated in France.

The theme of the Trade War will be the focus of attention during the NATO summit in London, with Trump meeting with French President Emmanuel Macro, after the US treaty 90 days of truce with Paris expired last week to look for a agreement on the web tax.

Attention to Italy, which has foreseen in the budget law the entry into force of a 3% rate on the giants like Apple, Amazon and Google and that will come into force from the first of January 2020.