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Win-win, until you realize that this action is pretty much the opening shot of a trade war, precisely because it helps local businesses. Imagine if the US responded in kind and tailored some new rules that targeted European businesses in US markets with similar taxation.



> Imagine if the US responded in kind and tailored some new rules that targeted European businesses in US markets with similar taxation.

Evidently they consider that a fair risk.


At least one French company is affected though. The taxes apply based on total worldwide revenue.




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