Donald Trump's new tariff plan imposes a tiered tax on exports from Ireland, which could destabilize the delicate balance of the Brexit agreement concerning Northern Ireland. With a 20% tax on Republic of Ireland exports versus a 10% tax on Northern Ireland, this could create unfair competition. Former EU officials express concerns that these tariffs were not thought out thoroughly, especially given the historical significance of the US in securing the peace process in Ireland. Companies in Northern Ireland might face financial disadvantages if the UK does not mirror EU tariffs.
The US has always been a friend of the island of Ireland, and peace on this Ireland and stability. It certainly causes some difficulties.
If the UK does not reciprocate or do the same thing as the EU we are at a disadvantage. Companies that buy materials in Belfast from the US will pay more than their counterparts in Bolton.
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