Government was warned Trump policies could wipe 4% off GDP
Government analysis on the impact of Donald Trump’s proposed tariffs warned employment could fall by over 3% while Irish GDP could decline by up to 4%. Picture: AP Photo/Julia Demaree Nikhinson
Government analysis on the impact of Donald Trump’s proposed tariffs warned employment could fall by over 3% while Irish GDP could decline by up to 4%.
The research modelled multiple possibilities including unilateral tariffs, a trade war with the European Union, or a wider trade war. It said every single scenario would have “significant negative implications” for the Irish economy.
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