A recent call by French President Jacques Chirac for an 'experimental' international tax to help tackle HIV/AIDS has not been well-received by the US.
In his address to the World Economic Forum Chirac said the levy, which would be raised on international financial transactions, airline tickets and fuel, could generate at least US $10 billion a year.
However, the Bush administration has reacted to the French president's suggestion with "deep scepticism".
Tony Fratto, a spokesperson for the US Department of Treasury, was quoted by the Washington Times as saying: "The United States is not inclined to support international taxation schemes."
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