France and EU say primed to retaliate over U.S. tariff threat

PARIS (Reuters) - France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion (£1.87 billion). The threat of punitive tariffs came after a U.S. government investigation found France's new digital services tax would harm U.S. technology companies, and will intensify a festering trade dispute between Europe and the United..