Taoiseach warns ‘old order is changing’ in call for EU-US negotiations
The Taoiseach has warned that the “old order is changing”, as he questioned whether the European Union and the US could sit around a negotiating table following Donald Trump’s tariff announcements.
Micheál Martin said the looming tariffs are the “most serious issue” to face the Irish economy, adding that the scale of tariffs will be very significant.
Mr Trump is expected to apply import taxes on goods going to the US from around the world in a White House statement at 9pm later today.
Politicians and companies are braced for the impact of the tariffs, which are set to have a significant impact on the economy.
Mr Trump is expected to target EU countries, including Ireland, with tariffs of about 20 per cent on imports into the US.
Tariffs on all Irish exports will lead to higher costs, particularly in the pharma sector.
Mr Martin told the Dáil that neither Ireland nor the EU started the threat of tariffs.
“This is, without question, the most serious issue to face…
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