Fears that 10pc 'baseline' tariff on EU goods entering US could pose major challenges for Irish economy
Briefly

Simon Harris is expected to inform the cabinet about the requirement for exclusions from tariffs in key sectors, aiming for zero-for-zero arrangements. EU-US trade talks are concluding before July 9, with potential 50% tariffs from the US if no agreement is made. Harris will advise on positive momentum, yet highlight challenges from 10% baseline tariffs. Efforts are focused on protecting Irish jobs and businesses. He recently communicated with the US Trade Representative to stress sectoral tariffs, seeking mutual benefits through negotiations.
The Tánaiste, Simon Harris, is expected to inform the cabinet of the need to seek exclusions from tariffs for key sectors, including zero-for-zero arrangements.
Talks between the EU and US are due to conclude before next Wednesday, July 9, with the US president threatening 50pc tariffs if an agreement is not reached.
Mr. Harris will emphasize that there is "positive momentum" in the talks, but that 10pc baseline tariffs in some sectors will pose challenges for negotiations.
Despite the imposition of tariffs, the focus has been on protecting Irish jobs and investment, while aiming for a negotiated outcome favorable to both countries.
Read at Irish Independent
[
|
]