Irish pharma sector avoids 20% tariff in immediate future
- The Irish pharmaceutical sector has temporarily avoided a new 20% tariff imposed by the US, as reported by the White House.
- US President Donald Trump stated that new tariffs would generally begin at 10% effective April 5, with specific sectors exempt from higher rates.
- Concerns remain regarding future tariffs on pharmaceuticals, which could severely impact the Irish economy, according to Irish officials.
- Concerns about the impact on the pharmaceutical sector, which employs around 45,000 people, were raised, according to Taoiseach Micheal Martin.
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Irish pharma sector avoids 20% US tariff in immediate future
Ireland’s pharmaceutical exports have avoided new US tariffs for now.
·United States
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Leaning Left4Leaning Right1Center1Last UpdatedBias Distribution67% Left
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- 67% of the sources lean Left
67% Left
L 67%
C 17%
R 17%
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