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

Israel Issues Evacuation Warning for 7 Lebanese Towns Beyond Buffer Zone

Israel's military issued new evacuation orders for southern Lebanon on Sunday, ordering residents to leave…

26 minutes ago

Two Karachi Youth Drown at Keenjhar Lake Picnic, Bodies Recovered

Two youths from Karachi tragically drowned while swimming in Keenjhar Lake during a picnic in…

1 hour ago

Pat Cummins Hails Teen Wonder Sooryavanshi as New Favourite Player After T20 Milestone

Pat Cummins, Australia's seasoned Test and ODI captain, has named 15-year-old sensation Vaibhav Sooryavanshi as…

1 hour ago

Punjab Governor Supports Poor Amid Solar Water Project Inauguration

Punjab Governor Sardar Saleem Haider inaugurated a solar water project in Attock, emphasizing his commitment…

2 hours ago

IGP Rizvi Launches Paperless Licensing System for ITP

Inspector General of Police (IGP) Islamabad, Syed Ali Nasir Rizvi, formally launched a paperless licensing…

2 hours ago

Defence Minister Killed Amid Mali Militant Assaults

Mali's Defence Minister Sadio Camara was killed in an attack on his residence in Kati.…

3 hours ago