Source: United States & Canada – South China Morning PostUS President Donald Trump threatened to slap a 100 per cent tariff on French wine and champagne unless Paris removes a digital services tax on tech firms, the New York Post reported on Monday.
France imposed in 2019 a three per cent levy on the revenues earned by technology firms – including American giants such as Facebook, Amazon, Apple and Google parent Alphabet – within the country’s borders.
French President Emmanuel Macron is due to host Trump on Monday before the G7 summit gets underway…Read More