Bombing Macron "stupid", Trump released a meaningful sentence.
[Global Network Reporter Li Dongyu] "Although I don’t drink, I always prefer American wine to French wine." On July 26, local time, when Trump once again issued a tariff threat to French-made wines, he used this sentence to express his support for domestic wines.
As a response to France’s recent announcement to levy a digital service tax on global technology giants, according to The New York Times, Trump first said on Twitter on the 26th, "France has just imposed a digital tax on our great American technology companies. If someone wants to tax them, it should also be their motherland — — America. "
Then, he added, "We will soon announce substantive reciprocal action against Macron’s foolish behavior."
Interestingly, Trump did not explicitly say what to do, but then meaningfully threw out a sentence, "I have always said that American wine is better than French wine!"
The New York Times said that shortly afterwards, Trump made another speech at the White House that day, further expounding the threat to France, saying that the French tax was "wrong" and his government was studying a possible wine tax. Trump told reporters, "Although I don’t drink, I always prefer American wine to French wine."
The New York Times said that this week, French President Macron signed a bill to impose a new digital tax on technology giants, and global Internet giants such as Facebook, Google and Amazon became potential targets. The tax rate is as high as 3%. The US Consumer News and Business Channel (CNBC) said that the Trump administration subsequently launched the 301 investigation under the Trade Act of 1974.
CNBC said that if after the investigation, the United States determines that this new tax is discriminatory or unreasonably targeted at American companies, Trump may respond with tariffs. Trade experts believe that Trump’s most likely response is to the French iconic product — — There is a 100% (import) tariff on wine.
"The Trump administration has always stated that it will not stand by and tolerate discrimination against American companies." This is what White House spokesman Judd Deere said in a statement on the 26th local time. The statement criticized France’s tax policy, but did not give any new details about what retaliatory measures the United States might take. Deere said that the government is "closely watching all other policy tools" except the investigation, so as to decide how to respond to France.
In the face of the tough stance of the United States, according to Agence France-Presse reported on 26th, French Economy Minister lemerre once said that Paris was not scared. "A universal tax on digital activities is a challenge for all of us. We hope to reach an agreement within the G7 and the OECD. At the same time, France will implement its own national decisions. "