Advertisement
Donald Trump
WorldUnited States & Canada

Trump threatens 100% tariff on French wines over digital tax on tech firms

The US is the biggest importing country for French wines and spirits, accounting for 21 per cent of the overall export market last year

2-MIN READ2-MIN
1
Listen
Bottles of French wine are displayed for sale in a liquor store in 2019 in Arlington, Virginia. Photo: AFP
Agence France-Presse
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 – including American giants such as Facebook, Amazon, Apple and Google parent Alphabet – within the country’s borders.

French President Emmanuel Macron is due to host Trump on Monday before the G7 summit gets underway at the spa resort of Evian on Lake Geneva.
Advertisement

Trump said he asked Macron “not to charge American companies”, according to the New York Post.

“If they do, I have no choice but to charge a 100 per cent tariff on all champagnes and all wines coming out of France,” he was quoted as saying.

Advertisement

“All (Macron) has to do is get rid of the sales tax, and he wouldn’t have that kind of pressure.”

French President Emmanuel Macron (right) and US President Donald Trump before the start of the 45th G7 summit in 2019. Photo: dpa
French President Emmanuel Macron (right) and US President Donald Trump before the start of the 45th G7 summit in 2019. Photo: dpa
Advertisement
Select Voice
Select Speed
1.00x