00:00U.S. President Donald Trump has warned that Washington could impose a 100% tariff on French wine
00:06unless France removes its digital tax on American technology companies.
00:10The 3% tax was first introduced in 2019 and has since been applied to large companies
00:16that generate significant revenue in France and worldwide.
00:21The measure targets revenue earned from digital services in France
00:25by companies with annual global revenue exceeding €750 million.
00:30Trump has previously threatened tariffs on French and European alcoholic products with duties of up to 200%.
00:37The dispute carries significant economic implications
00:40as alcohol remains one of the European Union's largest exports to the United States
00:45with the bloc's alcohol exports to the U.S. were valued at around €9 billion in 2024.
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