The announcement of 30 percent tariffs on EU trade by Donald Trump has raised concerns about the financial relief available for Irish households in the upcoming Budget. A Government minister indicated that these tariffs, which take effect on August 1, further complicate the situation regarding cost-of-living support. The escalating trade war between the US and Europe significantly diminishes prospects for easing financial burdens on families in Ireland.
Donald Trump's threatened 30pc tariffs on EU trade have further diminished any prospect of easing finances for Irish households in the upcoming Budget.
The US president upped the ante in his trade war with Europe by announcing the tariffs from August 1 on goods coming from the European Union.
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