Government welcomes 'fresh start' as EU-US tariffs suspended

This announcement mirrors the announcement made regarding the EU and UK yesterday

Following a call between EU Commission President Ursula von der Leyen and new US President Joe Biden it was agreed to suspend the tariffs as part of a 'fresh start'. Picture: AP Photo/Olivier Matthys

The Government has warmly welcomed the suspension of tariffs between the European Union and the United States, announced Friday evening.

It is good news for several Irish sectors including the dairy and aircraft leasing industries who have been heavily impacted by the introduction and escalation of tariffs during the presidency of Donald Trump.