'Scrap the tech tax or lose your wine market': Trump's 100% tariff warning to France Prez Macron
AI Summary
Donald Trump threatened France with a 100% tariff on wine and champagne unless France removes its 3% digital tax on US tech companies. French President Macron opposed the threat, calling tariffs among G7 nations counterproductive.
Donald Trump has threatened France with a 100% tariff on wine and champagne unless it scraps its 3% digital tax on US tech giants like Apple, Amazon and Alphabet. Speaking to the New York Post ahead of the G7 summit in Γvian, Trump said he had "no choice." Macron refused to back down, calling tariffs between G7 nations counterproductive. The US is the biggest buyer of French wine, making the threat a serious economic blow.