US tariffs on pharmaceuticals could harm Ireland and global economy, warns Taoiseach

Micheál Martin highlights potential damage to Irish industry and global trade as EU prepares response to US tariffs

Taoiseach Micheal Martin speaking to the media before a Cabinet meeting at Government Buildings, Dublin. Picture: Cillian Sherlock/PA Wire

The US plan to impose tariffs on sectors including the pharmaceutical industry will be very serious for Ireland, as well as the European and world economies, according to the Taoiseach.

Speaking in Limerick prior to the inaugural Limerick Mayoral and Government Consultative Forum on Friday morning, Micheál Martin said that tariffs are likely to apply to five sectors in total in next week’s US announcement, adding that Ireland is working closely with European Union member states and the EU Commission.