U.S. President Donald Trump has indicated that he is considering implementing tariffs on pharmaceutical imports in the “not too distant future,” once again specifically mentioning Ireland as a key pharmaceutical exporter to the United States. Speaking from the Oval Office, Trump suggested that new tariffs on the pharmaceutical industry would be similar to those recently … Read more
Global stock markets staged a dramatic recovery Thursday after U.S. President Donald Trump unexpectedly paused the majority of his newly-imposed tariffs, providing relief to investors following days of significant market turbulence. In a surprising reversal that came just hours after steep duties had taken effect on dozens of countries, Trump announced a reduction of tariffs … Read more
Irish businesses are already experiencing order cancellations and job threats following the implementation of US tariffs on European Union goods, Taoiseach Micheál Martin told the Dáil on Wednesday. The tariffs, announced by US President Donald Trump last week, have triggered days of market uncertainty and are now having tangible effects on Irish exporters. “We are … Read more
Ireland is well equipped to weather the latest external shock—the imposition of tariffs by US President Donald Trump, according to a new report from stockbrokers Davy. The report highlighted that Trump’s tariff policies have disrupted global trade and heightened uncertainty, with potential repercussions including a US recession and a slowdown in global economic growth. While … Read more
The Irish Government is intensifying efforts to protect the national economy as Donald Trump prepares to announce sweeping tariffs within the next 48 hours. Officials fear these measures could deliver the most significant economic blow to Ireland since the 2008 financial crisis. The expected tariffs are anticipated to apply universally to all European exports entering … Read more