Trump threatens 100% tariff on French wines over digital tax on tech firms
US President Donald Trump has threatened to impose a 100% tariff on all French wines and champagnes if France does not repeal its digital services tax on American technology companies. The US is the largest importer of French wines and spirits, accounting for 21% of France's export market last year. France's 3% digital tax, enacted in 2019, targets revenues of major tech firms including Facebook, Amazon, Apple, and Google parent Alphabet. Trump stated he asked French President Emmanuel Macron to exempt US companies from the levy, warning of retaliatory tariffs if the tax remains. The threat was reported by the New York Post.
Key facts
- Trump threatens 100% tariff on French wines and champagnes.
- US is the biggest importer of French wines and spirits (21% of export market).
- France imposed a 3% digital tax on tech firms in 2019.
- Tax affects Facebook, Amazon, Apple, and Google parent Alphabet.
- Trump asked Macron to not charge American companies.
- Tariff would apply to all champagnes and wines from France.
- Threat reported by the New York Post.
- Trump and Macron met at the 45th G7 summit in 2019.
Entities
Institutions
- Amazon
- Apple
- Alphabet
- New York Post
- G7
Locations
- United States
- France
Sources
- SCMP Culture —
- Quartz —