Trump threatens France with 100% tariffs on wine
According to Ukrinform, the American leader made this statement in an interview with the New York Post (NYP).
“I asked him not to charge American companies, and if they do, I have no choice but to charge a 100% tariff on all champagnes and all wines coming out of France,” Trump said.
The U.S. president stated that he told Macron this directly, demanding that he repeal the 3% tax on American tech companies, which has been in effect in France since 2019 and taxes the local revenue of giants such as Google’s parent company, Alphabet, the world’s largest e-commerce marketplace, Amazon, and Apple.
“All [Macron] has to do is get rid of the sales tax, and he wouldn’t have that kind of pressure,” the American leader claimed.
The NYP notes that the U.S. market accounts for one-fifth of the French wine industry’s global sales, amounting to over $2 billion annually.
As reported by Ukrinform, on May 1, U.S. President Donald Trump announced an increase in tariffs on cars imported from the European Union, accusing Brussels of failing to comply with the trade agreement.
Photo: The White House
