This is some relief to Ireland, in the short term – pharma drugs and active ingredients make up the bulk of the wider total of Irish exports to the US in the pharma/chem sector. An additional complication for Ireland is that the UK has got a lower 10 per cent tariff level for its exports to the US, compared to 20 per cent for the EU. The second is trying to look at the implications for the public finances - this will take time to play out, but income tax cuts promised in the budget may have to be put on hold, for a start.
Author: Cliff Taylor
Published at: 2025-04-02 22:00:13
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