EU, including Ireland, will need to respond if Trump administration takes very broad measures against it, says Minister
Irish Finance Minister Paschal Donohoe warns that potential US tariffs could affect 50,000-80,000 Irish jobs in a "worst case scenario," potentially impacting promised tax cuts. The EU is negotiating with the US to avoid these tariffs, but preparations are underway for a potential response. An ESRI report estimates potential trade losses for Ireland of €18 billion due to the tariffs. Additionally, Ireland faces challenges in meeting housing targets, particularly in apartment construction in Dublin.
