Trump threatens 100% tariffs on French wine over digital tax
President Trump threatened significant tariffs on French wine in retaliation for France's digital services tax targeting American technology companies.
US President Donald Trump threatened to slap a 100 per cent tariff on French wine and champagne unless Paris removes a digital services tax on tech firms, the New York Post reported on Monday. France imposed in 2019 a three per cent levy on the revenues earned by technology firms β including American giants such as Facebook, Amazon, Apple and Google parent Alphabet β within the countryβs borders. French President Emmanuel Macron is due to host Trump on Monday before the G7 summit gets underway.....