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President Trump has previously issued threats of retaliatory tariffs supported by a hint of imminent further actions during a press conference in the Oval Office. He stated, “What they are doing to us in other countries is terrible,” indicating a growing dissatisfaction with how U.S. companies are treated overseas.
As countries like France collect substantial revenues from these digital taxes—recent figures show that France netted over $720 million in 2023 alone—the stakes for U.S. economic policy are high. France's Finance Minister recently reaffirmed their stance, stating the nation will not abandon its digital tax despite potential repercussions.