You mean Trump could profit from a tariff on French wines?!
A few days ago President Donald Trump lashed out against the French government, which recently imposed the GAFA tax (Google, Apple, Facebook, Amazon) in order to get tech giants who rarely pay taxes to...actually pay taxes. Trump pledged “substantial reciprocal action on [Emmanuel] Macron’s foolishness,” and when asked if a tariff on French wine was on the table, said indeed it was an option. Please, reporters, stop reminding Trump about what he tweeted!
“I’ve always liked American wines better than French wines,” he gave as a reason. “Even though I don’t drink wine. I just like the way they look.” In what we’re sure is completely unrelated issue, were you aware that Trump has a winery based in America? The products of which were once described as “Welch’s grape jelly with alcohol”? A tariff on French wines would only help Trump’s wine business. Anyway, the French minister of agriculture Didier Guillaume called Trump’s threats “absurd” and “stupid,” and acknowledged “This is the third time the US president has threatened a tax, the third time in a year. We’ll see if he goes through with it.” Now let’s all take a moment to remember that time we made Jimmy Carter give up his peanut farm before becoming president.
And in other news...
- The USDA gave almost all of Trump’s trade war bailout to white, male farmers, who are disproportionately wealthy. [New Food Economy]
- A local pizzeria made pizza all night long to feed first responders from the Gilroy shooting. [KQED]
- A Brooklyn man is suing DoorDash over their misleading tipping policy, which the company has come under fire for recently. “No reasonable person would enter a tip on that app knowing that what they’re doing is going to a multibillion-dollar tech company,” he said of the policy. “It’s basically a way to make a multibillion-dollar tech company even richer.” [NY Post]
- Taco Bell wants to reduce antibiotics in its beef supply, committing to a 25% reduction by 2025. [Restaurant Business]
- Farmers in Nebraska and Wyoming didn’t have water during a critical part of the growing cycle. [NY Times]
- Some chains are already embracing eggless eggs. [MarketWatch]
- After returning home and finding a bite taken out of his sandwich, a cop accused workers at McDonald’s of eating his food. It turns out he just forgot he had already taken a bite while he was in the store. [NBC News]
- NASA wants to grow New Mexican chiles in space. [CBS News]
- Want to see an absolutely disgusting photo of boba on pizza? You’re in luck! [SCMP]
- All AM Intel coverage [E]