BREAKING: G-7 countries have agreed to an immediate $20 million fund to help Amazon countries fight wildfires.
1:25 p.m.
Macron said the U.S. supported the initiative, although he acknowledged that U.S. President Donald Trump had skipped Monday’s working session on the environment. Merkel said Monday: “It is a big step forward that we not only don’t want Iran to have nuclear weapons, but we also achieve the solution by political means.”
The two leaders also discussed concerns about Hong Kong “and agreed that it was paramount for all sides to remain calm and peaceful.” France introduced a 3% tax last month on French revenues of big tech companies like Google and Amazon, which currently pay next to no taxes on French sales. The French officials said France would scrap its tech tax if an international tax deal on digital multinationals is in place by 2020 or 2021 — and could reimburse the companies if the international tax is lower than the French tax.8:50 a.m.
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