, Google and Facebook -- and also intensify a festering trade dispute between Europe and the United States.
(SOUNDBITE) (English) UNITED STATES PRESIDENT DONALD TRUMP SAYING: "I'm not going to let people take advantage of American companies because if anyone's going to take advantage of American companies it's going to be us, it's not going to be France.
And so we're taxing, as you know, we're taxing their wines, and everything else and we have a very, very big tax to put on them." Both France and Brussels said Tuesday they stood ready to retaliate.
This white-knuckle handshake was among many signs of a new low in Trump's testy relations with France's Emmanuel Macron.
They're already at odds over Trump's approach to issues such as trade and climate change.
If imposed -- a decision that awaits a January public hearing -- the new taxes would apply to French products worth 2.4 billion dollars, including champagne, cheese and handbags.
Washington has already slapped 25 percent taxes on French wine and cheese -- backed by the World Trade Organization -- in response to illegal EU aircraft subsidies.
Trump also lashed out at his European allies before the summit, singling out Germany for low defense spending, and Macron for - quote - 'nasty' comments about NATO's so-called 'brain death'.
On Friday, US stocks made gains as hopes for a peaceful transition to the Biden administration offset concerns about soaring COVID-19 cases. Business Insider reports S&P 500 closed at a record high. On Thursday Pres. Donald Trump said he'd hand over power when the Electoral College certifies President-elect Joe Biden as the winner of the 2020 election. The US reported 125,082 new coronavirus cases on Thursday. That brought the seven-day average to 163,831, according to the COVID Tracking Project. Deaths topped 254,000, and hospitalizations jumped above 90,000. The stock market's "fear gauge" fell as low as 19.51 on Friday, dropping amid low trading volumes to its lowest level since the pandemic began.
An Iranian diplomat and three other Iranians went on trial in Belgium on Friday accused of planning to bomb a meeting of an exiled opposition group in France in 2018, the first time an EU country has put an Iranian official on trial for terrorism. Olivia Chan reports.
On the issue of Brexit, Boris Johnson said the likelihood of a deal was "verymuch determined " by the EU. "There's a deal to be done if they want to do it,which would, I think, benefit people on both sides of the of the channel," hesaid, adding the UK would still "prosper mightily" in the event of a no-dealBrexit.
Credit: PA - Press Association STUDIO Duration: 00:34Published
President Emmanuel Macron has said France will start to ease its strict national lockdown with the reopening of shops. In Spain government is to propose a somewhat different Christmas and New Year celebrations. According to draft proposals authorties plan to limit gatherings to six people in total.
A “spectacular” 10ft floral bodysuit worn by Lady Gaga in her latest musicvideo could sell for as much as £20,000 next month in London. The pop star,34, wore the hand-painted and appliqued leather bodysuit, called the FloralAlien, during the shoot for the song 911 which was filmed in the desert regionof Valencia in California this August.
Credit: PA - Press Association STUDIO Duration: 01:16Published
London’s The Shard was lit up in honour of the NHS and key workers who havebeen on the front line during the pandemic – with the annual Christmas switch-on done by three healthcare staff. Medical workers from Guy’s and St Thomas’NHS Foundation Trust were invited to switch on the display, which saw all 20storeys of the building lit up with more than 575 LED lights and fixtures.
Credit: PA - Press Association STUDIO Duration: 00:40Published
This is a dish anyone can cook for under Rs 100. Chef Atul Kochhar has been cooking it for his family during the pandemic. Simply called Beans and Eggs, it can be garnished with whatever veggies you have in the fridge. The dish needs no accompaniments. Here, the London-based chef goes through the process step-by-step.
Credit: HT Digital Content Duration: 04:40Published
Retail analyst Chana Baram has told ITV News that there are hopes of rescue for some of the Arcadia brands, after reports say that Sir Philip Green's Arcadia Group is on the verge of collapse. Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Shadow Health Minister Justin Madders has said that "we are already into injury time" in regard to securing a Brexit deal, but the fact that the country is still "talking and negotiating is a positive". Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Philip Green’s retail empire is under threat as Arcadia Group faces collapse within days. The company is behind brands such as Topshop, Miss Selfridge and Dorothy Perkins. Around 15,000 jobs could be at risk if the retail giant goes into administration. Report by Thomasl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The people of Maidstone express their views as the entire county of Kent is set to be placed into Tier 3 restrictions when the England national lockdown ends on December 2nd. Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Eating chicken from some of our main supermarkets equals deforestation in Brazil. Chicken sold by Tesco, Asda and Lidl - and served up at McDonald's and Nando's - is reared on soya grown on what was wooded savannah - until fires conveniently transformed it into farmland. Report by Fullerg. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn