Trump threatens Macron with 100% tariffs

Trump expressed this warning to French President Emmanuel Macron, demanding the repeal of the 3% tax on American tech giants, according to The New York Post.

"I asked him not to tax American companies, and if they do, I will have no choice but to impose a 100% tariff on all champagne and all wine coming from France. All Macron has to do is repeal the sales tax, and he won't feel this pressure," he added.

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This ultimatum sets the stage for a heated confrontation at the G7 summit, which will take place in France on Monday.

Alcohol is one of the EU's leading exports to the US, with a volume of approximately €9 billion in 2024.

Since 2019, France has been imposing a 3% levy on digital services revenues generated in France by companies with domestic revenue exceeding €25 million and global revenue exceeding €750 million.

Photo: Telegraph.

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