Ryan Majerus
Coverage of Ryan Majerus in the Nexus archive.
- Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
The Trump administration faces a July 24 deadline to replace revenue lost after the Supreme Court invalidated its broadest tariffs. It is using Section 301 of the 1974 Trade Act to impose new tariffs on countries like China and Brazil, aiming to avoid a congressional extension of the expiring Section 122 tariffs. Treasury revenue from tariffs has declined sharply since the court ruling, creating a significant shortfall.
- Trump administration proposes 25% tariffs on Brazil, citing "unreasonable'' trade practices
The Trump administration proposed 25% tariffs on Brazil over 'unreasonable' trade practices, citing lax anti-corruption enforcement and unfair tariffs. The Office of the U.S. Trade Representative conducted the investigation, and the plan excludes over half of U.S. imports from Brazil, including aircraft and minerals. The administration invoked Section 301 of the Trade Act of 1974 for the investigation.