I think he's talking EU taxes,not just French.
Tax them too...equal opportunity.
Sounds like a great opportunity to offer relocation assistance to EU manufacturers who want to sell into the US market. Once they open a factory here they can avoid the matching tariffs that the US would place on goods from the EU. With our soon to be lower tax structure, and lower cost but highly educated workers, EU manufacturers may want to relocate to the USA.
Even with the proposed tax US agricultural products can probably compete against EU farm products. I suspect other EU regulations defend that market for local producers now.