Trump’s tariffs could cost 25,000 Irish jobs and slow economic growth, report says

Shipping containers are seen ready for transport at the Guangzhou Port in the Nansha district in southern China's Guangdong province, April 17, 2025. (AP Photo/Ng Han Guan, File)

Some 25,000 jobs are at risk over the coming 12 months if Donald Trump retains 10% tariffs on European products, the Department of Finance has warned.

Taoiseach Micheál Martin has said that even if current issues and differences in approach to global trade are resolved, there will not be a return to the status quo.