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		</div><p>US President Donald Trump has promised to retaliate against France for adopting a pioneering tax on internet giants such as Google, Amazon and Facebook.</p>
<p>He also managed to take a shot at French wine. Mr Trump, who does not drink, tweeted:<i> “I’ve always said American wine is better than French wine!”</i></p>
<p>The tax primarily targets companies that use consumer data to sell online advertising.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
<p lang="en" dir="ltr">France just put a digital tax on our great American technology companies. 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 is better than French wine!</p>
<p>&mdash; Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1154791664625606657?ref_src=twsrc%5Etfw">July 26, 2019</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Mr Trump said that if anybody taxes American technology companies, it should be their home country.</p>
<p>He added, referring to French President Emmanuel Macron: <i>“We will announce a substantial reciprocal action on Macron’s foolishness shortly.”</i></p>
<p>The tax is designed to stop multinationals from avoiding taxes by setting up headquarters in low-tax EU countries.</p>
<p>Currently, the companies pay nearly no tax in countries where they have significant sales.</p>
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