Ireland has urged the EU to restrict any tariff counter-measures to American luxury goods as retaliatory tariffs on US food and alcohol could devastate its agri-food exports. Tánaiste Simon Harris expressed concerns about the potential negative impacts on Ireland's growing whiskey market and other food sectors following the announcement of US tariffs by Donald Trump. Taoiseach Micheál Martin warned about broader recessionary trends due to global tariffs, while employers' group Ibec projected a significant decline in Irish exports to the US.
Ireland urges the EU to limit tariff counter-measures to American luxury goods to protect its agri-food export sector from further economic damage.
Tánaiste Simon Harris highlighted that retaliatory tariffs on US food and alcohol could have disastrous implications for Ireland's economy.
Taoiseach Micheál Martin warned about the global recessionary trends that could arise from widely imposed tariffs, emphasizing their dampening effect on investments.
Employers' group Ibec forecasts a potential â¬4bn to â¬6bn drop in Irish exports to the US due to the threat of tariffs.
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