US sanctions on French digital tax 'incomprehensible' says French minister

Le Maire acknowledged that sanctions remained possible, with products like French wines likely to be targeted. — AFP

French Economy minister Bruno Le Maire said it would be "incomprehensible" for the United States to slap sanctions on France in retaliation for a digital tax on big Internet companies.

Le Maire said that the OECD group of wealthy democracies was finalising a way to tax global revenues of digital giants, many of which are based in the United States, at which point France would rescind its own tax.