France's Macron says he, Trump had 'great discussion' on digital tax

The purpose of the tax is to remove the loophole that allows million- and billion-dollar companies to avoid paying high taxes

French President Emmanuel Macron said Monday he had a "great discussion" with President Trump on a digital tax in an effort to avoid more pressure from increased tariffs being imposed on the European nation.

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"Great discussion with @realDonaldTrump on digital tax," Macron wrote in a tweet. "We will work together on a good agreement to avoid tariff escalation."

In March, France introduced the 3 percent tax on companies with more than $834 million in revenue globally and more than $27 million in revenue in France made through certain digital services.

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Some U.S. tech giants such as Google, Apple, Facebook and Amazon said the French tax, known as GAFA — an acronym representing all four companies — unfairly targets them.

Trump and Macron in 2017. REUTERS/Jonathan Ernst

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The purpose of the tax is to remove the loophole that allows million- and billion-dollar companies to avoid paying high taxes.

The Associated Press contributed to this report.