President Trump has said he will raise the new global tariff of 10%, imposed on Friday, to 15%, effective immediately. This shift, in the wake of the US Surpeme Court ruling that Trump had breached his powers in setting tarrifs last year, has significant implications for global trade, EU competitiveness and Irish businesses exporting to The States.
To discuss further was Chief Economist at the Institute of International and European affairs and Columnist with The Currency Dan O’Brien.