Headline Roundup • July 26th, 2019
Trump Threatens Tariffs on France
Summary from the AllSides News Team
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BBC News
US President Donald Trump has accused his French counterpart of "foolishness" over a digital services tax levied by France, hinting that he would tax French wine in retaliation.
Mr Trump voiced his anger in a Tweet directed at the French President, Emmanuel Macron.
France's 3% tax is to be levied on sales generated by multinational firms like Google.
The Trump administration argues that it unfairly targets US tech giants.
"France just put a digital tax on our great American technology companies. If anybody taxes them, it should be their home...
France is holding strong in its efforts to tax tech giants, many from the U.S., despite the looming threat of retaliatory tariffs from the Trump administration.
France landed in the crosshairs of the president’s global trade war after lawmakers there approved a bill this week that would impose a 3% tax on revenue generated by tech companies that provide digital services to French users. The tax would apply to digital companies with global revenue of at least $845 million or €750 million, and sales of $28 million or €25 million...

NBC News Digital
The United States will announce retaliatory action against France in response to the country’s new tax affecting American technology companies, President Donald Trump said Friday.
He suggested he could target French wine with tariffs — a move experts considered the most likely U.S. response to the French digital services tax.
“I’ve always said American wine is better than French wine!” Trump tweeted.
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