Macron will host the US president at the G7 in France
US President Donald Trump threatened to slap a 100 percent tariff on French wine and champagne unless Paris removes its digital services tax on tech firms, the New York Post reported on Monday.
France imposed in 2019 a three percent 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 Évian on Lake Geneva.
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% tariff on all champagnes and all wines coming out of France,” the Republican was quoted as saying. “All [Macron] has to do is get rid of the sales tax, and he wouldn’t have that kind of pressure.”
The United States is the biggest importing country for French wines and spirits, accounting for 21 percent of the overall export market last year, French Federation of Wine and Spirits Exporters.
