The article discusses concerns in Ireland regarding potential tariffs imposed by the U.S. after the announcement from commerce secretary Howard Lutnick. The fear arises from previous criticisms directed at Ireland over trade imbalances. Tánaiste Simon Harris reassured that retaliation isn't the EU's preferred course, though uncertainty remains around the specific countries and tariffs to be affected. The U.S. aims to reestablish domestic manufacturing, particularly in pharmaceuticals and microchips—sectors critical to Ireland’s economy, which relies heavily on U.S. multinationals.
It's nonsense that Ireland of all places runs a trade surplus at our expense.
I've decided for purposes of fairness that I will charge a reciprocal tariff.
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