CNBC
15 Jun 2026, 05:40 UTC · 1h ago
Trump says France must scrap tech 'sales tax' or face 100% wine tariffs: NY Post
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
CNBC
15 Jun 2026, 05:40 UTC · 1h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
2 claims · each scored for market impact
President Trump threatened 100% tariffs on all French wine and champagne imports if France does not scrap its 3% tech sales tax. — A 100% tariff on a $2 billion export sector would severely disrupt trade relations and cause significant losses for the French wine industry.
-0.80The disputed French digital services tax imposes a 3% levy on the gross revenues of large U.S. tech companies including Amazon, Meta, and Alphabet. — The tax represents a direct cost to the bottom line of major U.S. tech giants, though the scale is relatively small compared to total revenues.
-0.30Which stocks this story touches
The company is a target of the French sales tax that the U.S. President is threatening to force France to scrap.
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The company is a target of the French sales tax that the U.S. President is threatening to force France to scrap.
The company is a target of the French sales tax that the U.S. President is threatening to force France to scrap.
[mutual] Both are identified as large U.S. technology giants subject to the same French digital services tax.
[mutual] Both are identified as large U.S. technology giants subject to the same French digital services tax.
[mutual] Both are identified as large U.S. technology giants subject to the same French digital services tax.
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