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Sun Aug 18, 2019, 01:26 PM

Trump says French wine may face '100 percent tariff' in response to tax on US tech firms: report

How serious is President Trump about firing back at France over its new tax on U.S. technology? Maybe as much as 100 percent.

During his visit to New York’s Hamptons for a fundraiser Aug. 9, the president reportedly told attendees he was thinking about hitting France where it may hurt most – by slapping a 100 percent tariff on French wine.

The president’s remarks, which two sources relayed to Bloomberg, were a follow-up to a Twitter message in late July, in which Trump wrote the U.S. planned “a substantial reciprocal action” against France for its digital tax on American tech.

That week, French President Emmanuel Macron approved what was called a digital services tax -- a 3 percent levy that targets global companies worth at least 750 million euros ($834 million) and 25 million euros in France. It will be retroactively applied from early 2019 and could generate up to 400 million euros per year for France.

https://www.msn.com/en-us/money/markets/trump-says-french-wine-may-face-100-percent-tariff-in-response-to-tax-on-us-tech-firms-report/ar-AAFXA5w?li=BBnbfcL

He can raise it to 200%. I'm still not drinking Trump's shitty wine.

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Reply Trump says French wine may face '100 percent tariff' in response to tax on US tech firms: report (Original post)
Yo_Mama_Been_Loggin Aug 18 OP
struggle4progress Aug 18 #1
murielm99 Aug 18 #2
librechik Aug 18 #3
John Fante Aug 18 #4
Maeve Aug 18 #5
PoindexterOglethorpe Aug 18 #6

Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 01:45 PM

1. "Patriotic Americans know we really must do something to help the Trump Winery!"

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Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 01:49 PM

2. Then more people will drink California wines.

He hates California, too.

This is a losing deal, 45.

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Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 01:59 PM

3. huh--from now on I'm nothing but French wine (Really, I already am)

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Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 02:04 PM

4. Trump to American wine drinkers:

"Sorry, the price of your cabernet sauvignon just doubled."

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Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 02:06 PM

5. Yawn. I drink Australian

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Response to Yo_Mama_Been_Loggin (Original post)

Sun Aug 18, 2019, 02:23 PM

6. I tend to prefer South American wines.

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