ECONOMIC NEWS
Trump says U.S. would tax French wine in response to digital tax By Reuters
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WASHINGTON (Reuters) – U.S. President Donald Trump on Friday reiterated criticism of a French proposal to levy a tax aimed at big U.S. technology companies and threatened again to retaliate by taxing French wine.
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.”
“And if they do that … we’ll be taxing their wine like they’ve never seen before,” he said.
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