@micyoung75@_haye_ The wine tariff is essentially a tax on American consumers and small businesses, paid to protect billion-dollar companies that funded the guy imposing it.
Regulatory capture used to at least try to be subtle about it.
Macron's office said the digital services tax dispute was settled last week.
Trump's team said that was "not accurate" and he landed in France threatening to double the price of every French bottle on American shelves.
The people who backed his campaign don't drink cheaper wine when he does this. We do.
Donald Trump is kicking off a summit of major industrialized nations in France by threatening a new trade war with the hosts over its tax on his billionaire backers in Silicon Valley. https://t.co/yonSFpyrWZ
France taxes Google, Meta, Amazon, and Apple 3 percent on their French revenue. Brought in about $700 million last year.
Trump's response: eliminate the tax or face 100 percent tariffs on all French wine exports to the United States.
All four Silicon Valley companies being protected here publicly backed Trump's return to the White House. Musk just became the world's first trillionaire off the SpaceX IPO the same week BLS reported energy prices wiped out 18 months of American wage gains.
A 100 percent wine tariff doesn't hurt Zuckerberg. It hits the American importer, the American distributor, the American restaurant owner trying to hold their margins, and eventually the customer staring at a menu in Fort Wayne wondering why the house Bordeaux costs what it costs now.
The G7 is supposed to be a summit of industrialized democracies coordinating on trade and security. Trump arrived threatening the host country's flagship export to defend the domestic tax obligations of his biggest campaign donors.
That's the trip. That's the agenda.
Trump called it a “gift to the American people.” Then the companies that paid for it collected $50 billion in government contracts. This isn’t a gift; it’s a receipt, and the American people are the ones getting billed.
A shadow fleet tanker seized, Fresh sanctions announced & Russian-linked sabotage allegations exposed.
Is Britain finally taking the gloves off?🇬🇧🇺🇦
https://t.co/h6kLDVEGBg
President Donald Trump has questioned alliance guarantees as China encircles Taiwan and Russia signals future conflict, forcing allies to confront a return to great-power spheres of influence as danger mounts for the world's democracies. https://t.co/CAeFU6Vr89
GENERAL: “The $300,000,000,000 is real. Who cares where it comes from? The Iranians are still in charge. They’re gonna take that money and recover everything. You know that, Sean.”
Even Fox guests aren’t letting them pretend Trump’s deal is good. (Obama had a deal for far less)
Keane: I cannot square some of the things that are coming out of the administration from reliable sources. When I heard it from the Iranians I dismissed it, that is the same nonsense we always hear. But when they hear from administration sources things that you have heard of what is in this deal that it makes no sense whatsoever
I'm sorry, if you didn't know this you were not following along in real time. It was public.
JD's enthusiasm for same was not, nor Will Scharf's central role in staving this off, maybe.
& this column obscures more important issue: Miller's role in ordering Bovino to attack protestors.
Yankee, stay home: Brussels is taking over America’s leading role in negotiations with the Kremlin
With Donald Trump’s attention elsewhere, the EU is aiming to shape both a peace settlement in Ukraine and the new security architecture on the continent.
https://t.co/smElmf1zDl
Today I'm a Happy Man. Here me out.
In 2011 Obama did an Executive Order on the Mob. He hired Bobby III Sticks to head that Investigation and PROSECUTION. It's Always been about International Organized Crime. What happened along the way was trumps name kept popping up everywhere
So, what your saying is they don't have enriched uranium. So you lied to America, for the sake of Bibi who just said no to your flim flam scam. https://t.co/uYZEU8yH5y