Trump threatens 100% tariffs on wine if France wont drop tech tax

**TL;DR:** Trump threatens 100% tariffs on wine if France wont drop tech tax

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President Donald Trump is threatening to impose 100 percent tariffs on French wines and champagne unless France eliminates its digital services tax on American tech companies, according to an exclusive interview published Sunday by the New York Post , a conservative-leaning outlet. S. market, which the Post reports accounts for roughly a fifth of the French wine industry's global sales.

France's digital services tax — known as the GAFAM tax — has been in place since 2019, applying a 3 percent levy on local revenues generated by companies like Google, Amazon, Meta, and Apple. According to the French finance ministry, it generated roughly $700 million last year. SEE ALSO: Supreme Court strikes down Trump tariffs 6-3. Tech stocks rally, but will prices drop? The threat lands ahead of Monday's G7 summit in Évian-les-Bains, France, and directly contradicts claims from Macron's office last week that the dispute had been quietly resolved.

S. official reportedly dismissed that character

Source: Mashable

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Last updated: June 16, 2026.

Additional context: early-cycle stories often look bigger in headlines than in day-to-day impact. The useful move is to identify the smallest set of facts that would change your decision, then wait for those facts to land.

Additional context: early-cycle stories often look bigger in headlines than in day-to-day impact. The useful move is to identify the smallest set of facts that would change your decision, then wait for those facts to land.