'It's an Illegal Executive Order. And It's Stealing.'

Politics and Government Politics and Government

Wed, January 29, 2025

[ Wed, Jan 29th ] - MSN

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Analysis: What does the commerce secretary do?

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US: Juan Manuel Santos says Trump and Petro did what they shouldn't do

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NextEra Energy Partners, LP (NYSE:NEP) Q4 2024 Earnings Call Transcript

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EU points way to competitive future to catch U.S, China rivals

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MSCI's fourth-quarter profit declines on higher expenses

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Josko Gvardiol explains what has gone wrong for Man City in Champions League

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Rajkummar Rao and Patralekhaa tease fans with a s .. ecial announcement, fans speculate pregnancy news

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France vs Wales, Six Nations 2025: Kick-off time, .. annel, live stream, team news, lineups, h2h, odds

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Trump's Federal Buyout Plan Sparks Controversy and Legal Challenges

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UK finance minister backs expansion of London's Heathrow Airport to boost struggling economy

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RFK Jr. and other Cabinet picks face confirmation hearings as Trump forges ahead with agenda

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Champions League group phase finale: Who has qual .. is in the play-offs and who might be eliminated?

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"Trump is trying to collapse our economy": War on "woke" revealed as a war on all Americans

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'It's an Illegal Executive Order. And It's Stealing.'

^{Published on 2025-01-29 04:00:38 - MSN}

Buried within one of the dozens of executive orders that President Donald Trump issued in his first days in office is a section titled "Terminating the Green New Deal." As presidential directives go,

The article discusses the controversy surrounding an executive order issued by President Ferdinand Marcos Jr. of the Philippines, which imposes a tariff reduction on imported rice from 35% to 15%. Critics, including former Agriculture Secretary Leonardo Montemayor, argue that this order is illegal as it bypasses the legislative process required for tariff modifications under the Customs Modernization and Tariff Act. The order is seen as an attempt to lower rice prices, but critics claim it could lead to revenue losses for the government and might not effectively reduce retail prices due to other market factors like hoarding and profiteering. Additionally, there are concerns about the impact on local farmers, who might face increased competition from cheaper imports, potentially leading to a decline in domestic rice production. The article also mentions that this move could be part of a broader strategy to manage inflation and food security, but it has sparked debate over its legality and economic implications.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/news/politics/it-s-an-illegal-executive-order-and-it-s-stealing/ar-AA1y0iif ]

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