World US vows 100% tariffs on French Champagne, cheese, handbags over digital tax -

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Ilackcreativity

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https://www.cnbc.com/2019/12/03/us-vows-100percent-tariffs-on-french-champagne-cheese-over-digital-tax.html



US vows 100% tariffs on French Champagne, cheese, handbags over digital tax
Published Mon, Dec 2 20197:17 PM ESTUpdated an hour ago
Reuters

Key Points


  • The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion (£1.87 billion) in imports of French Champagne, handbags, cheese and other products.
  • The move comes after it concluded that France’s new digital services tax would harm U.S. tech companies.
  • U.S. Trade Representative Robert Lighthizer said the U.S. government was also exploring whether to open similar investigations into the digital services taxes of Austria, Italy, and Turkey.

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The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.
The U.S. Trade Representative’s office said its “Section 301” investigation found that the French tax was “inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies,” including Alphabet’s Google, Facebook, Apple and Amazon.com.

U.S. Trade Representative Robert Lighthizer said the government was exploring whether to open similar investigations into the digital services taxes of Austria, Italy, and Turkey.
“The USTR is focused on countering the growing protectionism of EU member states, which unfairly targets U.S. companies,” Lighthizer said. His statement made no mention of proposed digital taxes in Canada or Britain.
The U.S. trade agency said it would collect public comments through Jan. 14 on its proposed tariff list as well as the option of imposing fees or restrictions on French services, with a public hearing scheduled for Jan. 7.
It did not specify an effective date for the proposed 100% duties.
Champagne, rouge and gruyere
The list targets some products that were spared from 25% tariffs imposed by the United States over disputed European Union aircraft subsidies, including sparkling wines, handbags and make-up preparations — products that would hit French luxury goods giant LVMH and cosmetics maker L’Oreal hard.

French “Gruyère” cheese, made in Savoie and Franche Comté, was also spared from the USTR aircraft tariffs levied in October, but featured prominently in the list of French products targeted for 100% duties, along with numerous other cheeses.

France passes big tech tax as US calls the move unfair

The findings won favor from U.S. lawmakers and U.S. tech industry groups, who have long argued that the tax unfairly targets U.S firms.
“The French digital services tax is unreasonable, protectionist and discriminatory,” Senators Charles Grassley and Ron Wyden, the top Republican and Democrat, respectively, on the Senate Finance Committee, said in a joint statement.
Spokespeople for the French embassy and the European Union delegation in Washington could not immediately be reached for comment.
But prior to the release of the USTR’s report, a French official said that France would dispute the trade agency’s findings, repeating Paris’ contention that the digital tax is not aimed specifically at U.S. technology companies.
“We will not give up on taxation” of digital firms, the official said..
France’s 3% levy applies to revenue from digital services earned by firms with more than 25 million euros ($27.86 million) in French revenue and 750 million euros ($830 million) worldwide.
The USTR’s report and proposed tariff list follow months of negotiations between French Finance Minister Bruno Le Maire and U.S. Treasury Secretary Steven Mnuchin over a global overhaul of digital tax rules. The two struck a compromise in August at a G7 summit in France that would refund U.S. firms the difference between the French tax and a new mechanism being drawn up through the Organization for Economic Cooperation and Development.
But Trump never formally endorsed that deal and declined to say whether his French tariff threat was off the table.
 
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SmileyTimeDayCare

This is pleasure!
kiwifarms.net
French Champagne

There is only French champagne.

Also in before Freedom Fries 2.0.

Edit: This could have been more educational.

Champagne is a place in France. Anything you drink that is a sparkling wine from anywhere other than Champagne is just sparkling wine. There are also certain grapes that have to be used.

The regulation of the brand Champagne isn't limited to that beverage but they will sue your ass if they think you are tainting their brand.


Scotch is taken pretty seriously as well. Not too long ago very strict rules on what could be considered Scotch went into effect and there are similar rules on wines in Italy.

It makes sense when you think of it from a business perspective if your entire region relies on say, Barolo, to survive you are going to make sure that no one is cheating by using bastardized Nebbiolo grapes that have been crossbred with something to allow them to be mass grown in Long Island and then have a Barolo name slapped on whatever swill that would produce.

Edit 2: Wine sperg boogaloo

There are examples of people taking wine grapes to different regions and growing them there where they become wildly popular. Malbec is probably the most widely known. It was introduced to Argentina in the 1800's and has become very popular. I would say it is more popular at this point than its French bottles(which are often Bordeaux blends anyway so...).
 
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vanilla_pepsi_head

Heavens to Spergatroyd!
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One time I chose a bottle of sparkling wine from a shelf of mostly identical bottles. When I got to the checkout line the clerk said "that'll be $175". When I responded something like "how why what the fuck that ain't happening" the storekeeper was kind enough to inform me I'd chosen the French bottle rather than the virtually identical Californian one next to it that I'd meant to grab, which came to around $12. Fuck France, you assholes act like you're the only ones who can grow grapes.
 

Judge Holden

Corpsefucker
True & Honest Fan
kiwifarms.net
Oh no; not the champagne!

How will I ever live without sour carbonated wine?
Reminder: Back in 76 the french wine community literally fucking excommunicated a prestigious wine merchant because he organised a competition between French wines and US whines that accidentally revealed that borgarland wines were better than surrender wines to the taste of french wine experts thanks to the US makers actually updating their creation process since the fucking middle ages. The judges literally chimped the fuck out and demanded their ballots be burned so their "shame" could never be exposed
 
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