U.S. exports of ethanol to Brazil are up 80 percent, and industry groups there have been demanding a tax be placed on the imports from America. Washington warns that it can reciprocate. One-Way Pattern U.S. exports of ethanol to Brazil are up 80 percent, and industry groups there have been demanding a tax be placed on the imports from America. Washington warns that it can also impose tariffs on Brazil’s much smaller volume of ethanol exports to the U.S. in retaliation. This elicits the charge by the Albright Stonebridge Group on Bloomberg that “The winds of protectionism are blowing in Washington.”Europe imposes duties of up to 28.5 percent on steel imports from China, and nothing is said. The Trump administration investigates unfairly tr...