Tag Archives: pharmaceutical exports

Taoiseach Micheál Martin delivered a sobering message to his Fianna Fáil colleagues, warning that Ireland is on the brink of a major economic transformation triggered by looming US tariffs. His address, made just before Donald Trump’s announcement of a sweeping economic overhaul in Washington, cast a long shadow over the usual rhythms of Leinster House. Speaking to party TDs and …

On April 2, 2025, U.S. President Donald Trump is set to announce a series of new tariffs, branding the day as “Liberation Day.” These tariffs aim to bolster domestic manufacturing and address perceived unfair trade practices. The anticipated measures include a 25% tariff on auto imports and additional levies on products such as steel, aluminum, pharmaceuticals, and computer chips. Major …

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 …

The prospect of the United States imposing additional tariffs on European Union (EU) imports looms large, with significant potential repercussions for Ireland’s economy. These measures, set to take effect on April 2, 2025, could profoundly impact various sectors, notably pharmaceuticals and manufacturing. Ireland’s economic landscape is intricately linked to its export activities, particularly with the U.S. In 2024, the nation …

Taoiseach Micheál Martin arrived at the White House for a bilateral meeting with US President Donald Trump, where discussions focused on economic ties and trade relations between Ireland and the United States. The two leaders greeted each other outside the West Wing before heading into the Oval Office for talks. With concerns growing over trade imbalances, Martin sought to emphasize …