Wine news

French wine to face 100% tariffs as Trump confronts France over taxes on tech companies
3rd December 2019
  • Trump said that new French tax hit American technology companies a declaration that could lead to retaliatory tariffs as high as 100% on French wines.
  • The retaliation could also jeopardize international efforts to negotiate a truce on so-called digital taxes.
  • French leaders have expressed concern that they are not been able to capture revenue from companies that sell or advertise online in France.

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