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Macron gives in to the threats of Trump and decides to park the rate Google

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PARIS Updated:22/01/2020 02:01h

The united states has scored the goal for the entire squad to France with regard to the so-called rate Google, which includes tech giants and digital as Apple, Amazon, Facebook and the aforementioned Google. The intention of the Executive of the French tax with an additional 3% to those companies whose global sales exceed 848 million (approximately $ 757 million euros)and $ 28 million in France it has dissolved like a sugar before the threat of the u.s. president, who spoke directly to impose tariffs of one hundred percent to 63 French products for an amount of 2,400 million dollars (about 2.15 billion euros). The Executive galo indicated that, for the moment, freeze this rate until the next 2021.

Yesterday, the French president, Emmanuel Macron, said in his Twitter account that “we will work together in a good agreement to avoid an escalation of tariffs”, where he stressed that the phone conversation held last Sunday with his us counterpart was “excellent”, reports Efe

In a first moment, the minister galo of Economy and Finance, Bruno Le Maire, called it “unacceptable,” the tariffs proposed by Tump and said, after talking with the European Commission, that the EU would respond forcefully to any sanction against France or any of its partners. The Executive gallo argued that this rate “is not discriminatory”, and therefore, at his trial, the u.s. sanctions with “hostile, inappropriate and illegitimate. However, Macron has been folded finally to the pressure exerted by the US, which viewed the so-called rate Google against multinationals digital “fixes” to the companies of your country and is not consistent with the principles of international taxation and is “monthly” valuable consideration ” to the u.s. companies affected by such lien.

The United kingdom and Italy, new target

Nothing more known claudication Macron, the secretary of the Treasury of the united States, Steven Mnuchin, has applauded this measure and has taken the opportunity to warn the United Kingdom and Italy that if you don’t do the same will face tariffs of the Government of Donald Trump.

In an interview with “The Wall Street Journal” in the margins of the Davos forum (Switzerland), Mnuchin has assured that the agreement reached between France and the US to continue the discussions on this rate, that in the gallic country are known as GLASSES (acronym for Google, Apple, Facebook and Amazon) and avoid new tariffs is “the beginning of a solution”.

Spain is also in favour of imposing this tax, even at the individual level, although there is no agreement at the global level within the OECD countries. This is the idea that holds the vice-president and minister of Economy, Nadia Calviño. Now it remains to be seen, if seen in the French example, the Government of Sanchez wants to move forward with the rate Google.

Translated from ABC News https://www.abc.es/economia/abci-macron-cede-ante-amenazas-trump-y-decide-aparcar-tasa-google-202001220201_noticia.html

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