10% tariffs

US President Donald Trump threatened 100% tariffs on French wines if France removes its digital services tax on tech firms. French president Emmanuel Macron has refused to drop the tax, which generates significant annual revenue for the French government.

Trump threatens France with 100% wine tariffs unless it removes the 3% digital services tax on U.S. tech companies. He warned Emmanuel Macron that duties would target $2 billion in annual French wine exports to the U.S.

A U.S. federal court ruled that the government can continue collecting 10% worldwide tariffs while legal challenges proceed. The tariffs, imposed under Section 122 of the Trade Act of 1974, are set to expire on July 24. A separate court previously found the tariffs illegal, but the Trump administration secured a procedural victory.

Colombia has imposed 100% reciprocal tariffs on Ecuador as a trade retaliation, escalating tensions between the two nations. The measure targets Ecuadorian exports, reflecting a breakdown in bilateral trade relations.

The U.S. Court of International Trade is reviewing President Trump's 10 percent global import tax on foreign goods following the Supreme Court's rejection of his broader tariff plan. Trump announced the tariff as a response to the Supreme Court's decision, which invalidated much of his original tariff agenda.