The European Union will "respond in kind" if the US imposes on France customs duties on the digital tax plan, said Donald Tusk, President of the European Council on Saturday France, Tusk said, if President Donald Trump can use tariffs for political reasons This represents a risk to the whole world, including the EU, Reuters reported.
On Saturday, Trump criticized the French digital tax for large US technology companies and threatened again with a tax on French wine. Trump said he is not a "big fan" of technology companies, but "these are great American companies, and frankly I do not want France to tax our companies."
I will tax their wine as they have never seen before, "he said, according to Reuters.
France issued a 3% tax in July affecting about 30 major technology companies, including Facebook, Amazon and Google The levy applies to companies with annual revenues of more than € 750 million ($ 830 million) from "digital activities", including € 25 million ($ 27 million) from France.