A full-blown global tariff war is under way.
Donald Trump’s tariffs took effect last night with the EU due to vote today on a retaliatory list drawn up by the European Commission.
The US and China meanwhile have engaged in tit for tat tariffs in the past few days. China has also vowed to fight to the end in the tariff war.
What will all this mean for Ireland? What hit will consumers face?
Seen & heard: Irish drivers turn away from Elon Musk’s Tesla in favour of Chinese rival
Why is it costing me more to use green fuel in my car than fossil fuels?
‘For Germans, everything is forbidden unless it allowed,’ in contrast to the Irish
Despite the politics, Ireland is Israel’s second-biggest export market for goods
And should Ireland now pivot east to protect jobs and secure new investment?
To answer these and other questions host Ciarán Hancock was joined on this week’s episode of Inside Business by Ibec chief executive Danny McCoy, Cliff Taylor of The Irish Times, and Chris Smyth, group CEO at Perennial Freight & president of the France-Ireland Chamber of Commerce.
Produced by John Casey with JJ Vernon on sound.
