Pharmaceutical exports could be cut by half if tariffs applies, Tánaiste warns

With reciprocal tariffs looming, Simon Harris urges a calm and strategic EU response while highlighting economic risks

Simon Harris warned that over five years, there could be a “very significant” reduction of pharmaceutical products.

Export of pharmaceutical products from Ireland to the US could reduce by around a half if the US president imposes a 20% tariff and the EU responds by applying the same tariff, the Tánaiste has said.

With reciprocal tariffs looming, Mr Harris said it was now likely that no deal would be reached between the two sides to avoid this outcome.