Ireland's economy impacted by Trump's trade policies

rte.ie

Ireland is facing economic challenges due to new U.S. tariffs imposed by President Donald Trump. A 25% tariff on steel and aluminum imports has led the EU to respond with tariffs on U.S. goods, including bourbon whiskey. Trump has threatened 200% tariffs on EU alcohol products, which could significantly impact Ireland's drinks industry. The Irish Exporters Association warns that Ireland will not escape these tariffs, as the country exported €904 million in beverage products to the U.S. last year. Concerns are growing over the pharmaceutical sector, as Trump criticized Ireland's role in U.S. drug sales. Ireland exported €58 billion in drugs to the U.S., and recruitment signs indicate a slowdown in multinational job growth.


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