The announcement of a 30% tariff on goods from the European Union by Donald Trump escalates the ongoing trade war, which could adversely affect the financial situation of Irish households. A Government minister has indicated that this escalation diminishes any prospects for easing cost-of-living issues in the upcoming Budget, making cost-of-living supports appear irresponsible in the current trade context.
Donald Trump has threatened a 30% tariff on EU goods, escalating the trade war and impacting financial support for Irish households in the Budget.
The announced tariffs on EU exports diminish the prospects for easing the cost-of-living struggles faced by Irish households in the upcoming Budget.
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