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Headline Roundup July 26th, 2019

Trump Threatens Tariffs on France

Summary from the AllSides News Team

President Donald Trump threatened to place tariffs on French wine Friday via Twitter. The threat came after France introduced a new digital tax of three percent on all digital sales facilitated by multinational companies including Apple and Google. The French government has indicated that it would consider repealing the tax if a similar international tax was levied. Some left-leaning sources focused on Trump's perceived overuse of tariffs as a means for foreign trade negotiation. Some right-leaning media praised Trump for being tough on other countries who levy seemingly discriminatory tariffs against American companies.

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Trump threatens tariffs against 'foolish' Macron
Trump threatens tariffs against 'foolish' Macron

BBC News

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...

Open on BBC News
New tariffs threatened over tax on big tech
News

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...

Open on Washington Examiner
Trump targets French wine to retaliate for France's digital tax
Trump targets French wine to retaliate for France's digital tax

NBC News Digital

News

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.

Open on NBC News Digital

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