President Trump Says US to Take Action Against France for Tax on American Tech Companies

President Donald Trump promised to take “substantial reciprocal action” against France after the nation’s President Emmanuel Macron signed into law a tax on American tech giants. “France just put a digital tax on our great American technology companies,” President Trump said on Twitter. “If anybody taxes them, it should be their home Country, the USA. We will announce a substantial reciprocal action on Macron’s foolishness shortly. I’ve always said American wine is better than French wine!”

Following the president’s tweet, the White House released a more detailed response. “The United States is extremely disappointed by France’s decision to adopt a digital-services tax at the expense of US companies and workers,” said spokesman Judd Deere. “France’s unilateral measure appears to target innovative US technology firms that provide services in distinct sectors of the economy.” “The Trump administration has consistently stated that it will not sit idly by and tolerate discrimination against US-based firms,” Mr. Deere added. “The US Trade Representative has already launched a Section 301 investigation into France’s digital-services tax, and the administration is looking closely at all other policy tools.”