"I welcome confirmation from White House officials this evening that the new tariffs outlined by President Trump in relation to pharma overnight will not apply to the EU, including Ireland, as a result of the EU-US framework agreement. This is further proof of the benefit of having a negotiated trade agreement and the benefits of the very intensive work that we in Ireland and at a European Union level undertook over many months with the US administration to ensure this trade deal is in place."
"Mr Trump announced a raft of import taxes, including 100pc on branded pharmaceutical drugs, to start on October 1. Other measures will include 50pc on kitchen cabinets and bathroom vanities, 30pc on upholstered furniture and 25pc on heavy trucks. The posts on his social media site showed that Mr Trump's devotion to tariffs did not end with the trade frameworks and import taxes that were launched in August, a reflection of the president's confidence that taxes will h"
The Trump administration announced a package of import taxes, including a 100pc tariff on branded pharmaceutical drugs to start on October 1. An official said pharmaceutical tariffs will not override existing trade deals and the administration will honour a 15pc cap for partners with pacts such as the EU and Japan. Tanaiste Simon Harris welcomed confirmation that the new pharma tariffs will not apply to the EU, including Ireland, citing benefits of the EU‑US framework agreement and intensive negotiations. Other proposed tariffs include 50pc on kitchen cabinets, 30pc on upholstered furniture and 25pc on heavy trucks.
Read at Irish Independent
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