Advertisement
Categories: NewsWorld

Macron praises US Supreme Court on tariffs, supporting rule of law

Advertisement

French President Emmanuel Macron addressed Friday’s Supreme Court decision on President Donald Trump’s tariffs, emphasizing the importance of having counterweights to power in democratic systems. Speaking at the annual agricultural salon in Paris, Macron said it was not bad to have a Supreme Court or the rule of law; instead, he highlighted that it is good to have both power and counterweights.

Macron maintained that France would carefully consider Trump’s new 10% global tariff and adapt its strategies accordingly. The country aims to continue exporting products such as agriculture, luxury goods, fashion, and aerospace items. Macron also expressed the need for a calm mindset in response to these unilateral decisions, advocating for reciprocity over unilaterally imposed rules.

Following Friday’s ruling, Trump swiftly reissued new tariffs, effective from Tuesday until 150 days under Section 122 of the Trade Act of 1974. These tariffs included exemptions for aerospace products and passenger cars, as well as exemptions for compliance with the US-Mexico-Canada trade agreement, certain pharmaceuticals, critical minerals, and agricultural goods.

These actions represent a partial reprieve from the temporarily banned duties imposed under emergency provisions, showcasing Trump’s continued efforts to uphold these economic protections.

Advertisement
News Desk

Recent Posts

Prince William, Kate push for royal household reforms

Prince William and Kate Middleton are determined to overhaul the royal household in light of…

14 minutes ago

Senior Sindh Minister Launches Campaign Against Overcharging Transporters on Eid

Sindh's Senior Minister Sharjeel Inam Memon has issued an urgent directive aimed at curbing unscrupulous…

21 minutes ago

Lewis Hamilton’s Love with Kim Kardashian Draws Criticism

In recent developments, there have been warnings from Hamilton's inner circle regarding the racer's burgeoning…

2 hours ago

Pope Leo XIV Moves into Newly Acquired Papal Apartments in Vatican

Pope Leo XIV finally moved into the historic Apostolic Palace in the Vatican this afternoon,…

4 hours ago

Kris Jenner recalls role in Kylie Jenner’s makeup brand launch

Kris Jenner has revisited how she supported her youngest daughter’s dream of launching her beauty…

4 hours ago

Why Fujairah’s oil operations affect global markets after port disruption

Oil-loading operations have been suspended in Fujairah Port, a pivotal hub for global crude and…

4 hours ago