US President Donald Trump has taken aim at France’s most famous export: wine. His threats to slap higher import tariffs on grands crus, champagnes and the like in retaliation to a new French tax on big tech firms have left Didier Guillaume, France’s Agriculture Minister, apoplectic. It’s an “absurd” and “stupid” response, he fumed, to a legitimate attempt by a sovereign state to get the likes of Amazon.com Inc. and Apple Inc. pay their fair share in France.
Plenty of people will raise a glass to that analysis. Governments across the world have balked at the aggressively "efficient" corporate structures of