Politics and Government Politics and Government
Mon, February 3, 2025
Sun, February 2, 2025
Sat, February 1, 2025
Fri, January 31, 2025
Thu, January 30, 2025
Wed, January 29, 2025
Tue, January 28, 2025
[ Tue, Jan 28th ] - 7NEWS
Federal Election
Mon, January 27, 2025
[ Mon, Jan 27th ] - Politico
Trump's busy first week
Sun, January 26, 2025

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


//politics-government.news-articles.net/content/ .. n-illegal-executive-order-and-it-s-stealing.html
Published in Politics and Government on Wednesday, January 29th 2025 at 4:00 GMT by MSN   Print publication without navigation

  • 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 ]

Publication Contributing Sources