France could hit food industry with tax over high prices - minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
PARIS, May 11 (Reuters) - The French government could use tax measures to claw back profits from the food industry if it does not accept talks on high prices, Finance Minister Bruno Le Maire said on Thursday. "If ever the food industry does not return to negotiations ... we will use all measures at out disposal, including taxes, to recover profits unfairly made on the back of consumers," Le Maire told journalists. (Reporting by Leigh Thomas; Editing by Alison Williams)

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