The world should be a little more relieved after the US and China have reopened the trade negotiation and the US government starts to relax the ban on Huawei, right? Wait, no. The US may start another trade war with Europe.
In Europe, lots of the US tech giants are not paying any taxes to the European governments and the Europeans governments are seeking a solution and make these giants pay their taxes in Europe. And not only just tech giants are not paying taxes, other US companies such as Starbucks are not paying their “fair” shares of taxes. France is planning to imposing digital services tax to make these tech giants including Facebook, Alphabet, Apple, Amazon and many others pay their taxes. However, it seems that such attempt angers the US. The US president, Donald Trump, has asked his officials to investigate French tax plans and his officials are considering imposing tariffs in retaliation. Governments should stand for their countries’ enterprise when their interests are hurt by unfair treatment by another country.
When it comes to fairness, the measure of fairness is rather subjective and the probability of overdoing is likely to be positively correlated with the strengthen of this country. France is not the only country which seeks for taxing the US tech giants, other European countries including the UK are also complaining the big giants are not paying “fair” shares of taxes. France is the one who first figures out a potential way to make the tech giants pay taxes, then it faces a tariff punishment from the US. The US may want to set an example for other countries which also want to tax the US giant companies.
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