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Alan Healy: Trump's billion-euro bluff meant the 'pharma crash' never reached Ringaskiddy

Micheál Martin returns to the Oval Office in a much stronger position
Alan Healy: Trump's billion-euro bluff meant the 'pharma crash' never reached Ringaskiddy

Taoiseach Micheál Martin and US President Donald Trump in their high-stakes Oval Office meeting last year. Picture: Mandel Ngan

What a difference a year makes.

12 months after Ireland's pharma sector was put squarely in the crosshairs of the global trade war, we have come out smiling and largely unscathed on the other side. It is now clear that the multinationals who established themselves in Ireland over the past half-century have become far too entrenched to be removed by the tariff threats from US President Donald Trump and his demands for companies to reshore operations back across the Atlantic.

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