Paris, February 28 /Xinhua/ — the Minister of economy and Finance of France Bruno Le Mayor on Wednesday at a meeting with the visiting U.S. Treasury Secretary Stephen Mucina said about the need to make every effort to prevent a trade war in which everyone will lose.
According to him, France, which this year holds the presidency of the Group of seven, is by all means to defend multilateralism.
The officials also exchanged views on taxing Internet giants, financial and economic cooperation between the two countries and other issues. B. Le the Mayor stressed the need for taxation of the digital economy the same taxes as other sectors, stating the willingness of France to take such measures. In addition, he expressed hope for the speedy production decisions on this issue in the framework of the Organization for economic cooperation and development /OECD/. C. Mnuchin, in turn, reiterated that it did not support the French draft of the tax and hopes to resolve the issue within the OECD.
At the end of last year, France announced the introduction of a new tax for Internet giants such as Google, Apple, Facebook and Amazon. It is estimated that in 2019 the total amount of new taxes will reach 500 million euros. —0—
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