Tariffs II Messaging President Trump’s use of IEPPA as the legal basis for last year’s reciprocal tariffs was struck down but they are returning under a different legal underpinning, Section 301. It is generally recognized that only the legal underpinning has changed while the policy rationale, a fairer trading environment for American workers and companies remains the same. There are some updates, such as applying a 25 percent tariff on Brazilian ethanol since that country failed to reciprocate the 2.5 percent tariff previously used by Washington.  EU Parliament Trade Chair Bernd Lange understandably bristles at the Trump Administration’s assertion that a tariff is necessary due to Europe’s lack of forced labor...