Trump says US would tax French wine in response to digital tax

Trump said he is not a "big fan" of tech companies but "those are great American companies"


Reuters August 24, 2019
Trump has slapped steep tariffs on $250 billion in Chinese goods, with a further $300 billion in imports targeted for new duties in two more rounds, September 1 and December 15. PHOTO: REUTERS

WASHINGTON: US President Donald Trump on Friday reiterated criticism of a French proposal to levy a tax aimed at big US technology companies and threatened again to retaliate by taxing French wine.

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Speaking to reporters at the White House before leaving for a Group of Seven summit in France, Trump said he is not a “big fan” of tech companies but “those are great American companies and frankly I don’t want France going out and taxing our companies.”

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“And if they do that ... we’ll be taxing their wine like they’ve never seen before,” he said.

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