France Risks Trump Ire as Lawmakers Vote to Raise Tech Tax
French lawmakers voted to double its tax on large technology companies on Tuesday.
Photographer: Nathan Laine/BloombergFrench lawmakers voted to double the country’s tax on large technology companies, risking a backlash from Donald Trump who has long threatened to retaliate against the measure with trade tariffs.
France’s lower house of parliament adopted an amendment to the 2026 budget bill late Tuesday that would potentially raise the levy on the digital revenues of firms like Amazon.com Inc., Google owner Alphabet Inc. and Facebook owner Meta Platforms Inc to 6% from 3% previously.