Economics
France Vows Retaliation Over $2.4 Billion U.S. Tariff Threat
- Potential targets for duties include wine, cheese, handbags
- USTR exploring similar probes of Austria, Italy and Turkey
This article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
France’s government said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with tariffs over a dispute concerning how large tech companies are taxed.