Partner Asher Rubinstein was recently featured in Marketscale.com's article on E.U. Whiskey Tariffs
The whiskey market is eager for a return to form. In 2018, in response to the U.S. steel and aluminum tariffs targeting the E.U. and ordered by former President Donald Trump, the European Commission imposed a retaliatory 25% tariff on some key American goods, including U.S. distilled bourbon and whiskey. The popular aged American spirit has a healthy foundation of sales within the states and abroad, and still sees year over year growth, reaching $4.3 billion in revenue in 2020. Even so, the industry at large relies on a stable synergy between the U.S. and E.U. markets.