France and the European Union are ready to retaliate if US President Donald Trump acts on a threat to impose duties of up to 100 percent on $2.4 billion of imports of French products including champagne and handbags, the French government has said.

Here, CGTN Europe's Toni Waterman explains the gathering dispute between the US and France - and gives a sense of the reaction in France to the threats to target some of their best-known luxury products.

Read more: France primed to retaliate with EU over U.S. tariff threat against Paris