The recent implementation of extensive tariffs by President Donald Trump has sent shockwaves through global financial markets, leading to significant declines and raising concerns about a potential recession. Understanding how these developments might impact your personal finances is crucial. Impact on Pensions If you have a pension plan, it’s likely that your contributions are invested in the stock market. The …
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Ireland and EU brace for Trump’s ‘Liberation Day’ tariffs
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 …
Read More »Harris and Lutnick discuss trade policy in phone call
Tánaiste Simon Harris held a late-night phone conversation with newly appointed US Commerce Secretary Howard Lutnick, during which both parties exchanged views on trade relations between Ireland, the EU, and the United States. The call comes at a time of growing unease over escalating tensions tied to trade and tariffs between the EU and the US. Harris described the conversation …
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