Sina US Stock News, November 28, Beijing time. According to reports, the US will announce on the 12th on the 2nd what kind of retaliatory measures it will take to respond to the digital tax introduced by France.

US President Trump and French President Emmanuel Macron agreed in August to try to agree on a compromise plan. However, the 90-day period of negotiations expires this week, and the two sides have yet to find a solution.

The Office of the United States Trade Representative said in a statement issued on Wednesday that it will advance the relevant investigation and will announce the investigation results and any proposed counteractions on December 2.

The French side said that the structure of the global economy has moved to a numerical basis, and the tax system of the 20th century is out of date. The French government believes that in the digital economy era, there are loopholes in the taxation system for Internet companies, and tax reform should be promoted.

Furthermore, the French government has recently faced great pressure, which objectively prompted France to levy a digital tax. Macron said that until countries reach a solution through the Organization for Economic Cooperation and Development (OECD) talks, the new digital services tax is only a temporary measure.