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Minister 'Hopeful Rather than Confident' at Tariff Deal

Summary by RTÉ
Minister for Enterprise, Tourism and Employment Peter Burke has said that he is "hopeful rather than confident" that a deal on tariffs can be reached between the US and European Union by 9 July.

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Next Wednesday, the deadline set by Donald Trump for other countries in the tariff dispute expires. Initial drafts of a basic agreement within the EU have been finalized. But there is still much to discuss. Trade experts see three different options.

Investors looking forward to US trade agreements and tariffs before July 9. Photo: taken from Freepik Asia-Pacific Stock Exchanges In Asia, the Tokyo Stock Exchange Nikkei index has closed with a 0.58% drop, while the Shanghai Stock Exchange benchmark lost 0.09% and the Shenzhen Stock Exchange dropped 0.61%. The Hong Kong Stock Exchange benchmark, Hang Seng, today closed with profits of 0.62% animated, according to the local press, by the growin…

Washington, United States. US trading partners are trying to close an agreement with President Donald Trump's unpredictable administration just a week before the decreed tariff break expires. Trump announced in early April his so-called "reciprocal" tariffs against the rest of the world: a minimum surcharge of 10%, which rises to 50% for countries exporting more to the United States than they import in U.S. products. The Republican president sus…

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RTÉ broke the news in Ireland on Tuesday, July 1, 2025.
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