Tánaiste Simon Harris has declared that Ireland is facing a “moment of major economic challenge.”
He is expected to inform the Cabinet that potential 30% trade tariffs imposed by the US could significantly impact the Irish economy, possibly leading to faster-than-anticipated job losses.
Speaking as he entered Government Buildings, Mr. Harris stated, “We’re going to have to pull together in the hours and days ahead as we try to navigate our way through the latest scenario in relation to trade tariffs.”
He described the potential impact of 30% tariffs as “extraordinary,” adding that Ireland is collaborating with its European partners to prepare for “every eventuality.”
“There were moments last week where I believe it was almost palpable that there was an agreement nearly in place, and really what needs to happen in the hours and days ahead is a renewed effort to arrive at an agreement that can protect jobs, can protect economic stability in Ireland, in Europe and in the United States.”
Read the full report on www.rte.ie
National: US tariffs could have ‘significant impact’ on the economy was last modified: July 15th, 2025 by
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