The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.
The European Union will "respond in kind" if the U.S. imposes tariffs on France over digital tax plan, Donald Tusk, president of the European Council said on Saturday.
Speaking at the G-7 leaders meet in Biarritz in France, Tusk said if President Donald Trump uses tariffs for political reasons then it can be risk for the whole world, including the EU, Reuters reported. Earlier on Saturday, Trump criticized the French digital tax aimed at big U.S. technology companies and threatened again to retaliate by taxing French wine.
Speaking to reporters at the White House before leaving for a Group of Seven summit in France, Trump said he is not a "big fan" of tech companies but "those are great American companies and frankly I don't want France going out and taxing our companies." "And if they do that ... we'll be taxing their wine like they've never seen before," he said according to Reuters.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Latest: G-7: EU backs France in Trump wine tax threatBIARRITZ, France (AP) — The Latest on the Group of Seven summit (all times local): 12:40 p.m. European Council President Donald Tusk has promised EU retaliation if the U.S. makes good...
Read more »
EU drafts plan for hundred billion-dollar fund to take on US tech firms, reports sayEuropean Union officials drafted a plan to launch a sovereign wealth fund to invest in companies that could compete with U.S. and Chinese tech giants, according to reports in the Financial Times and Politico.
Read more »
Stuck between EU leaders and Trump, Boris Johnson could have a very awkward G-7 summitBoris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal just as he tries to court EU leaders for a new withdrawal agreement.
Read more »
EU set to halt imports of Canadian cherries, other fruits: documentThe European Union will halt imports of Canadian cherries and other fresh fruits...
Read more »
EU countries agree to share out Ocean Viking migrantsSix European Union countries have agreed to take in the 356 migrants stranded at...
Read more »
EU piles pressure on Brazil over Amazon firesThe European Union piled pressure on Friday on Brazilian President Jair Bolsonar...
Read more »