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| Economy |
| French Wine Could Face 100% Tariffs As Trump Confronts France Over Tech Taxes |
| 2019-12-03 |
| The announcement from the Office of the United States Trade Representative ended a monthslong investigation into the French tax, which hits companies like Facebook and Google even though they have little physical presence in France. The investigation concluded that the tax "discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy and is unusually burdensome for affected U.S. companies." It recommended tariffs as high as 100 percent on certain French imports valued at $2.4 billion, including cheese, wine and handbags. President Trump, in London on Tuesday for a NATO summit meeting, said the finding was justified. "They’re starting to tax other people’s products," he said, according to a pool report. "So therefore we go and tax them." France’s economy and finance minister, Bruno Le Maire, on Tuesday denounced the tariff threat as "unacceptable" and said that Europe would come ahead with a "strong response," without elaborating on possible retaliatory measures. |
| Posted by:g(r)omgoru |
| #6 I've become rather fond of Australian wines. Pro bogan tip: if you buy it in a box, you can use the plastic bladder as a pillow when your need for sleep exceeds your need for fun. Yugoslavia used to have some decent and surprisingly cheap wine before it blew up as a country. No idea about the current situation. |
| Posted by: SteveS 2019-12-03 12:31 |
| #5 Californian, Australian and Israeli wines are just as good or better. phuck the French. |
| Posted by: DarthVader 2019-12-03 12:20 |
| #4 Personally, I favor Italian wines. But, if you must have product of French vines - google the history of wine-making in Israel |
| Posted by: g(r)omgoru 2019-12-03 11:50 |
| #3 jpal, YES!! |
| Posted by: Deacon Blues 2019-12-03 11:46 |
| #2 Recent studies have shown the grape fermentation process releases hydrocarbons which contribute to the greenhouse effect. Do we really need all that wine? |
| Posted by: jpal 2019-12-03 11:09 |
| #1 President Trump, in London on Tuesday for a NATO summit meeting So long, and thanks for all the fish |
| Posted by: Procopius2k 2019-12-03 10:57 |