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Trump had threatened high tariffs on French wine as punishment for Macron’s tax on tech firms
French wine-makers are increasingly concerned about Donald Trump’s threats to introduce high tariffs on French wine in retaliation for Emmanuel Macron’s tax on global technology giants, as world leaders gather at the Biarritz G7 summit this weekend.
A new front in Trump’s international trade wars could open up across France’s vineyards, damaging the livelihoods and jobs of small producers, if the US president decides to substantially increase tariffs on French wine as punishment for what he has called the “foolishness” of the new levy on annual revenues of technology firms. Continue reading...