The compromise struck between French Finance Minister Bruno Le Maire, U.S. Treasury Secretary Steven Mnuchin and Donald Trump’s White House economic adviser Larry Kudlow envisages that France would repay to companies the difference between a French tax and a planned mechanism being drawn up by the OECD.The draft agreement will be submitted to Trump and French President Emmanuel Macron later on Monday at a G7 leaders summit in Biarritz.

“Trump’s advisor is OK with the proposal,” the source told Reuters. “That would be the mechanism at this stage, that’s the joint proposal.”France’s 3% levy applies to revenue from digital services earned by firms with more than 25 million euros ($27.86 million) in French revenue and 750 million euros ($830 million) worldwide.U.S. officials complain …