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"
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.
G20 agrees to push ahead with digital tax
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.”
Facebook launches tool to let users control data flow
“And if they do that ... we’ll be taxing their wine like they’ve never seen before,” he said.
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.
G20 agrees to push ahead with digital tax
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.”
Facebook launches tool to let users control data flow
“And if they do that ... we’ll be taxing their wine like they’ve never seen before,” he said.