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Macron Blinks in Fuel-Tax Dispute With Yellow Vests

This article originally appeared in The Wall Street Journal: PARIS—French President Emmanuel Macron suffered the first major setback in his push to overhaul the French economy, backing off a fuel-tax increase that enraged much of the nation and sparked a grass-roots protest movement against his government. Faced with another weekend of destructive protests by the gilets jaunes—or yellow vests—Prime Minister Édouard Philippe told a press conference on Tuesday that the tax increase would be pushed back six months to allow for public discussion. The worst riots to hit Paris in decades erupted during antigovernment protests on Saturday, leaving the city’s shopping and tourist center dotted with...

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French Tax on Gas and Diesel Triggers Enormous Protests

Diesel prices in France have skyrocketed more than 23 percent over the last 12 months and French motorists already spend more than $7.00 per gallon, USD. Despite these enormous costs, French President Emmanuel Macron has stated the rising gas taxes are needed to reduce France’s dependence on fossil fuels and fund renewable energy investment.  The new taxes would raise the cost of diesel fuel by nearly 30 cents per gallon, and will continue to climb in the coming years....

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