FILE PHOTO: The logo of Hermes is seen at a store in Nice, France, October 27, 2019. REUTERS/Eric Gaillard
PARIS - Shares in leading French luxury companies fell on Tuesday after the United States issued a new set of tariff threats on French products. On Monday, the U.S. government said it may slap punitive duties of up to 100% on $2.4 billion of imports from France of champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies.