By Andrea Shalal
WASHINGTON/PARIS (Reuters) -The United States has indefinitely suspended 25% tariffs on French cosmetics, handbags and other imports it had planned in retaliation for a digital services tax Washington says will harm U.S. tech firms, as it investigates similar taxes elsewhere.
The U.S. Trade Representative’s office (USTR) said on Thursday that the 25% tariffs on imports of the French goods, which are valued at around $1.3 billion annually, would be suspended indefinitely.
Washington announced the tariffs in July after concluding a French digital services tax (DST) would harm Google, Facebook, Apple, Amazon and other firms.
The USTR said suspending the action against France, which was due to begin on Jan. 6, would allow it to pursue a coordinated response in 10 investigations involving other countries, including India, Italy, …
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