Trump threatens to squeeze France where it hurts over tech tax‎

President Trump has issued an ultimatum to France, threatening to place a 100% tariff on French wines if the country doesn't kill a tax on US big tech that went into effect seven years ago.Trump threatens 100% wine tariff on France over tech taxThe tax in question is France's Digital Services Tax (DST), first announced in December 2019. It applies to any tech company with an annual global revenue of at least 750 million euros ($870 million) and at least 25 million euros ($29 million) within France.The Trump Administration has decided that the tax is unacceptable, and the US President has lobbed an ultimatum directly at outgoing French President Emmanuel Macron. Either France removes the tech tax, or the United States will levy a 100% tariff on French wines. Continue Reading on AppleInsider | Discuss on our Forums