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April 5, 2025
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‘I want to underline the scale of the shock we could face here in Ireland’ – Finance Minister Paschal Donohoe on looming US tariffs


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Exact timing and scope of the tariff implementation remains unclearFinance Minister Paschal Donohoe ‘extremely concerned’ at potential effects on IrelandDonohoe says medium-term outlook likely to affect businesses and publicSimon Harris to meet senior officials to ‘take stock’ of latest Trump announcementTrump unveils 25pc tariff on imported vehicles last night, expanding global trade war

Trump name checks Ireland as he hints at next round of tariffs

Eoghan Moloney, Denise Calnan, Tabitha Monahan and Senan Molony

Minister for Finance Paschal Donohoe said Ireland is going to face a “significant” economic challenge should US tariffs proceed as expected from next week.

US president Donald Trump has hinted at Ireland’s pharmaceutical industry being the next target of his tariff roll-out, saying it’s “in order to bring our pharmaceutical industry back”.



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