EU goods are expected to face a tariff of around 20% when entering the United States.

Ireland is expected to be one of the most affected countries when President Trump announces a new round of tariffs later this week.

EU goods are expected to face a tariff of about 20% when entering the United States.

Among EU countries, Ireland is the most reliant on the US as an export market.

In 2024, Irish goods exports to the US were worth €73bn (£61bn), almost a third of the country’s total exports.

  • adarza@lemmy.caEnglish
    1·
    4 days ago

    the exporter need not be based in the origin (‘tariffed’) country to have their goods taxed on import.

    funneling profits to overseas subsidiaries to lower a corporation’s overall tax burden is a different issue.