'It’s a very, very grave threat': Taoiseach says US tariffs could impact next year's budget

Micheál Martin said 'the entire world will suffer from tariffs and a move to protectionism'

Taoiseach Micheál Martin said tariffs 'could very well' impact on budgetary decisions later this year.

The Taoiseach has said the introduction of tariffs by the United States could have knock-on effects for Ireland's budget in October.

Micheál Martin said the “overriding objective” of the Government was to protect Irish jobs, as US president Donald Trump prepares to announce widespread tariffs on the EU this coming Wednesday.