Trump turns a tax dispute into a trade threat

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleDonald Trump threatened to impose 100% tariffs on French wine unless France eliminates its 3% digital services tax on American technology companies. Trump conveyed this ultimatum directly to French President Emmanuel Macron, demanding the removal of the levy to avoid significant duties on French products in the American market. He stated, "I have no choice but to charge a 100% tariff on all champagnes and all wines coming out of France" if the tax remains. The potential tariffs could severely impact European alcohol exports to the U.S., which were valued at approximately €9 billion ($10.46 billion) in 2024, including protected goods like champagne and Remy Martin cognac. France implemented its digital services tax in 2019, targeting large companies with French revenue exceeding €25 million and global revenue exceeding €750 million. In fullTrump puts French wine in crosshairs with latest tariff threat ahead of G7 summitThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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