U.S. President Donald Trump has announced a sweeping plan to impose 30% tariffs on imports from the European Union and Mexico beginning August 1. The declaration, shared via official letters posted on Trump’s Truth Social platform, comes after prolonged trade negotiations with the two key partners failed to produce a satisfactory agreement. Both Mexico and the EU expressed frustration at …
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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 …
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Tánaiste Simon Harris has warned that Ireland’s pharmaceutical and chemical exports to the United States could be cut by as much as 50% over the next five years if the US proceeds with a proposed 20% tariff and the European Union imposes a reciprocal response. Currently, Ireland exports up to €58 billion worth of these goods to the US annually, …
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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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The Daily Star Ireland