Trump's tariff threat on Irish pharma sector puts €44bn exports at 'considerable risk'

Donald Trump has pledged new tariffs on pharmaceutical imports, putting Ireland’s €44bn drug export industry at serious risk

President Donald Trump speaks to reporters in the Oval Office at the White House in Washington, Wednesday, March 26, 2025. (Pool via AP)

Irish companies heavily reliant on transatlantic exports are facing significant risk following Donald Trump's latest tariff pledge targeting pharmaceutical imports into the US. 

"We're going to be doing tariffs on pharmaceuticals in order to bring our pharmaceutical industry back," Mr Trump said in the Oval Office on Wednesday.