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So now we know. A minimum tariff of 10% on all goods entering the United States, and an across the board tariff of 20% on all goods from the European Union and tariffs of over 50% now on Chinese exports to the United States.
There was no mention of a tariff on pharmaceutical products which is so vital to our economy, yet.
To take a insight into these tariffs and what it means for Ireland. Joe spoke to Michael Lohan is the chief executive of the IDA which has been the most effective agency in luring foreign and especially American investment into this country. Also with Joe was Ambrose Conroy is the chief executive of the manufacturing consultancy Seraph which has a business both in Ireland but mostly in the US.
So now we know. A minimum tariff of 10% on all goods entering the United States, and an across the board tariff of 20% on all goods from the European Union and tariffs of over 50% now on Chinese exports to the United States.
There was no mention of a tariff on pharmaceutical products which is so vital to our economy, yet.
To take a insight into these tariffs and what it means for Ireland. Joe spoke to Michael Lohan is the chief executive of the IDA which has been the most effective agency in luring foreign and especially American investment into this country. Also with Joe was Ambrose Conroy is the chief executive of the manufacturing consultancy Seraph which has a business both in Ireland but mostly in the US.
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