Hours before taking off for France to attend a summit with other world leaders, United States President Donald Trump threatened a 100 percent tariff on French wine and Champagne. The levy would come in retaliation for the French government’s 3 percent tax on services from American tech companies.
Trump announced the ultimatum today in an interview with the New York Post. Unless French President Emmanuel Macron ditches the sales tax on American tech, Trump claims he would have “no choice” but to impose the 100 percent tariff on all French Champagne and wine. “I asked him not to charge American companies…” Trump says. “All he has to do is get rid of the sales tax, and he wouldn’t have that kind of pressure.”
