USTR, releasing the findings of its "Section 301" investigations into the digital taxes, said it was not taking specific actions at this time, but "will continue to evaluate all available options." The probes are among several still open USTR Section 301 investigations that could lead to tariffs before President Donald Trump leaves office or early in the administration of President-elect Joe Biden. USTR had set a Jan 6 deadline for implementing 25% tariffs on French cosmetics, handbags and other imports valued at around $1.3 billion annually in retaliation against the French digital taxes. But it was unclear late on Wednesday whether collections of those duties would begin as scheduled. Spokesmen for USTR and Customs and Border Protection, the agency responsible for tariff collections, did not respond to multiple requests for comment.

Source: bd News24 January 06, 2021 23:48 UTC