French wine vs US tech prowess: new Trump-Macron standoff
PARIS (AP) — France is pushing ahead with a landmark tax on tech companies like Google and Facebook despite U.S. President Donald Trump’s threats of retaliatory tariffs on French wine.
That’s rattling French vintners, who sold 1.6 billion euros ($1.78 billion) worth of wine last year to American consumers. But neither Trump nor French President Emmanuel Macron appears ready to back down.
After Trump slammed the “foolishness” of the tax in a tweet Friday and promised reciprocal action, French Finance Minister Bruno Le Maire said France will implement it anyway.