Trump says US would tax French wine in response to digital tax
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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.
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.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant