Trump tariffs spark 'uncertainty' for Irish investment, IDA says

However, it said Ireland still had key attractions for investment

The IDA said US companies still saw Ireland as their 'entry point' to the European Union and to service wider global markets. Picture: Joe Evans

The Industrial Development Agency (IDA) said they needed to focus on what they could control and that it was challenging to make a “detailed assessment” of the impact of President Donald Trump’s tariffs for Ireland.

In a series of briefings, the investment agency said the immediate difficulty was likely to hit firms that worked with “tight operating margins.” They said while geopolitics would become a bigger part of investment decisions, large multinationals would still seek market access, talent and proven expertise in countries like Ireland.