Trump threatens full-scale French wine tariffs over tech levy

1 min read
Source: CNBC
Trump threatens full-scale French wine tariffs over tech levy
Photo: CNBC
TL;DR Summary

President Donald Trump warned that unless France scraps its 3% digital services tax on U.S. tech giants, the U.S. will impose a 100% tariff on French wines and champagnes, a clash tied to the upcoming G7 meeting; France exports about 20% of its wine to the U.S., and this dispute has featured previous tariff threats.

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