Enterprise Minister Peter Burke has downplayed fears that potential US tariffs would trigger an economic crisis on the scale of the 2008 financial crash. While acknowledging the risks posed by looming US trade measures, he described the situation as serious but not catastrophic, emphasizing that Ireland’s economy remains in a strong position. The warning comes amid growing concerns that US …
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US tariff threat sparks major concern for Irish spirits sector
The potential introduction of US tariffs on European alcoholic beverages has raised significant concerns within Ireland’s spirits industry. The Irish Whiskey Association (IWA) has expressed deep apprehension over the impact such tariffs could have, particularly in response to the European Union’s proposed levies on US whiskey. US President Donald Trump recently announced a 200% tariff on wine, champagne, and other …
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