US tariffs will mean 'serious costs' for families and businesses, Chambers warns

Ireland will also need to move to a position of stronger fiscal discipline when it comes to budgetary management, public expenditure minister Jack Chambers said, 'and that isn't just related to the international picture'. Picture: Leah Farrell/RollingNews.ie

Donald Trump's EU tariffs will impose serious costs on families and businesses and negatively impact everyone involved, Jack Chambers has said.

The public expenditure minister warned that Mr Trump's imposition of 25% tariffs on EU exports to the US would have negative consequences for Ireland's economy.