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Explained: Why should Ireland be worried about tariffs?

  • On March 29, 2025, President Donald Trump, speaking to reporters aboard Air Force One, stated he was open to making deals with countries seeking to avoid upcoming US reciprocal tariffs, which are scheduled to be announced on April 2.
  • The decision to consider tariff deals arises after relations deteriorated following Trump's second term inauguration in January and in response to what the US perceives as unfair duties on American goods.
  • Several countries, including Britain, have reportedly approached the US to negotiate deals to avert the reciprocal tariffs, and Trump also mentioned potential tariffs targeting the pharmaceutical industry, though details remain unspecified.
  • President Trump stated, "It's possible if we can get something for the deal" and indicated that deals would likely occur after April 2, emphasizing that tariff talks would "work out very well between India and our country."
  • Canadian PM Mark Carney and President Trump spoke on the phone and agreed to meet after Canada's April 28 election to discuss a new economic and security relationship, however, Carney has criticized Trump's tariffs as a betrayal and announced retaliatory tariffs to protect Canadian workers, while also planning a $C5 billion trade diversification fund.
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Protothema broke the news in on Friday, March 28, 2025.
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