French President Emmanuel Macron (2nd right) and his wife Brigitte Macron (right) pose with U.S. President Donald Trump (2nd left) and U.S. First Lady Melania Trump in France on August 24, 2019.

The U.S. and France have struck a deal to settle their differences over a French digital tax on big tech companies, French President Emmanuel Macron said on Monday.

Under the deal, France will eliminate its 3% tax once a new international agreement on digital taxation is reached, Macron said. The companies that pay France's tax will be reimbursed once the international agreement is in place, he added.

"We've done a lot a work on the bilateral basis, we have a deal to overcome the difficulties between us," Macron said, speaking alongside U.S. President Donald Trump.

France passed a 3% tax in July that targets around 30 big tech companies including Facebook, Amazon and Google. It applies to firms with annual revenues of more than 750 million euros ($830 million) arising from "digital activities," including 25 million euros ($27 million) made in France.