Donald Trump said that if he had been in the Oval Office when pharma companies first set up in Ireland, he would have imposed 200% tariffs
During a meeting with Taoiseach Micheál Martin, Donald Trump expressed his desire for US-made drugs and his irritation with US pharma companies operating in Ireland. He stated he would have imposed 200% tariffs on pharma imports from Ireland if he had been president when these companies initially relocated. This poses a potential economic threat to Ireland, as it could disrupt the business models of pharma companies and potentially lead to reduced production and tax revenue in Ireland. The meeting also highlighted broader trade tensions between the US and the EU.
