Tariffs announced by the US President will make things challenging for businesses in Ireland.
20% tariffs on all EU imports to the US are due to take effect from Wednesday. EU trade ministers are meeting this afternoon to ‘take-stock’ and ‘de-escalate’ a potential trade war with the US. Stock markets worldwide have also been in sharp decline since the announcements Niamh Smyth is Minister of State at the Department of Enterprise, Trade, and Promotion.
Speaking on the Wider View this afternoon, the local TD says the number of US companies based in Ireland makes the future look uncertain for the economy.
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