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Trade

US to India and 5 others: You tax Big Tech, we tariff you

Washington urges talks for broader digital service levy

Washington says moves by countries to levy digital-services taxes overwhelmingly target American companies such as Facebook and Amazon.   © Reuters

NEW YORK -- From Indian basmati rice to Italian handbags to Turkish carpets, the U.S. will impose 25% tariffs on as much as $2 billion in goods from six countries in retaliation for their taxation of American digital services, the U.S. trade representative said Wednesday.

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