US Supreme Court Ruling On Trump Tariff: French President Emmanuel Macron on Saturday praised the U.S. Supreme Court for striking down President Donald Trump’s trade tariffs, saying that it “highlights the importance of checks and balances in a democracy.” He added, “It is not bad to have a Supreme Court and, therefore, the rule of law,” during the annual agricultural salon in Paris.
Macron Stressed The Importance of Power
Macron stressed the importance of democratic institutions in achieving a balance and said, “It is good to have power and counterweights to power in democracies.” He pointed out that strong institutions are necessary to ensure that there are no unilateral decisions that could destabilize the international and domestic frameworks.
France Evaluates Impact of Trump’s New 10% Global Tariff
Commenting on the trade policy of France, Macron said that his country will carefully evaluate the impact of Trump’s 10% global tariff and will adjust itself accordingly. He also said that his country is committed to exporting its products in the key sectors of agriculture, luxury, fashion, and aeronautics, despite the evolving global trade environment.
US Supreme Court Ruling On Trump Tariff: Reciprocity as the Fair Principle in International Trade
Macron also underlined the importance of a balanced policy in international trade, saying that “the principle of reciprocity” is the most balanced solution, as opposed to being subject to the unilateral decisions of other countries. This further reinforces the position of France in defending its own interests in the international arena while being a responsible player.