The American spirit of free-market capitalism was on full display when US Trade Representative Robert Lighthizer successfully negotiated with the European Union to block the proposed 25 percent EU tariffs on American-made bourbon. The imposition of the tariffs had been proposed as a way to retaliate against US tariffs on steel and aluminum imports from the EU.
The US and EU agreed to keep talking about the issue, and in the meantime, Lighthizer secured a commitment from the EU that it would not impose the bourbon tariff while the two sides negotiate. This marks a victory for the US and demonstrates the value of the US’ position in global trade negotiations. It also highlights the importance of the United States being a leader in championing free-trade policies and defending the interests of its citizens.
