Trump Says U.S. to Take Action Against France for Tax on American Tech Companies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Trump says U.S. to take 'substantial reciprocal action' against France for tax on American tech companies

WASHINGTON—President Trump promised to take “substantial reciprocal action” against France after its legislature approved a new tax on large American tech companies like Alphabet Inc.’s Google and Amazon.com Inc. over U.S. objections.

“France just put a digital tax on our great American technology companies,” Mr. Trump said on Twitter on Friday. “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...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amazon and the likes make billions of dollars and don’t pas taxes in their own countries. The French government was just right in imposing a tax. Why should they escape local fiscal laws if they are American? Shut up and pay up!

Will this impact our imports of French fries, French bread, French braids and French cars? Oh, and French toast? Asking for a friend, a one-term congresswoman from Queens, NY...AOC

Go squish a grape.

I sure pray that no country makes a mistake and harms U.S. military soldiers because if they do, this CIC is taking America to war.

If these companies are in France and employ the French, than the French should tax them. Maybe they'll move back to the US if it's too much.

The whole world should tax online enterprise.

Yes, start trade wars with every nation in the planet!! What can anyone expect from a terribly flawed businessman who was bankrupt many times!?! Literally, every sane person on the planet hates Trump!

thank you mr president

Champagne tax 🤔

Does he not know his tariffs are also taxing American tech companies?

Does he never get tired?

GIVE IT UP

Tariffs on French luxury products. Dior and Hermès will get their attention.

Another friend bites the dust. Sure is getting lonely in the White House GOPChairwoman

Francia no está sola, estamos todos los países del euro, dispuestos contra Trump e Israel, así que menos chorradas y al loro que con los países de Europa no se juega.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines