Ibec: Irish CEOs are increasingly concerned about Donald Trump's threatened tariffs

Having already slapped a 10% tariff on goods from China and 25% on steel and aluminium, Donald Trump is expected to roll out more levies on imports including pharmaceuticals

Ibec executive director of lobbying and influence Fergal O’Brien: 'Recent geopolitical shifts have significantly altered the landscape' for Irish chief executives.

There is a growing concern surrounding international trade and the potential impact of tariffs among Ireland’s chief executives as “recent geopolitical shifts have significantly altered the landscape”, a report by Ibec has found.

This report comes following comments made last week by US president Donald Trump, where he said would likely impose a 25% tariff on cars, semiconductors, and pharmaceuticals. He has already placed tariffs on US imports including a 10% tariff on goods coming from China as well as a 25% tariff on steel and aluminium imports.