Ireland will be relieved at Trump’s tariff cap on vital pharma sector
Agreed statement between the EU and US gives a firm commitment to cap pharma tariffs at 15%, while some parts of the sector may be excluded altogether
Agreed statement between the EU and US gives a firm commitment to cap pharma tariffs at 15%, while some parts of the sector may be excluded altogether
Government to push for more sectors to enjoy tariff ‘carve outs’ in EU-US agreement
Perfection was priced in, anything less provoked panic as shares were hit with worst one-day drop in 25 years
Joint US-EU statement on details of new tariff regime has yet to emerge three weeks after deal was agreed
Nutriband is on track to become a billion-dollar business, while the presidency is a ceremonial role
A spokesman for the multi-millionaire says he expected to have the backing of at least four local authorities
Threat of additional pharma tariffs just a week after 15% rates was agreed risk undermining support for EU trade deal
The big tech and pharma multinationals are trying to reach accommodations with Trump, with vital implications for us
‘Trump’s trade war is good for Irish beef’ but nervousness pervades the dairy, pharmaceutical and computer chip sectors
Weight loss comes in at lower end of expectations and triggers stock boost for rival Novo Nordisk
Micheál Martin says Ireland has added value to the global reach of Big Pharma companies that have operations in the State
Pharmaceuticals account for the bulk of Irish exports to the US and any change, or even uncertainty, on tariffs poses major challenges
Novo Nordisk has now lost two-thirds of its value in little over a year
Towns such as Westport and Kinsale are anxiously waiting to see what happens next. They’re not alone
Pharma companies also volatile in wake of letters from US president to 17 of them demanding lower prices
Inside Business podcast with Ciarán Hancock
Pharmaceuticals and semiconductors accounted for the bulk of Ireland’s exports to the US in 2024
Pharmaceutical giants in Europe brace themselves for a tariffs fight that is likely still to come
Biggest plus is that it avoids an all-out fight between the EU and US
Companies in the early phases of scenario planning and hesitant to commit to major changes while negotiations remain unresolved
As the US president puts pressure on the EU and again threatens pharma tariffs, the costs of his project are slowly appearing
Pharma companies have been stockpiling in anticipation of tariffs, which Trump says will be in place next month.
Additional threat certain to alarm Government already working with EU to reduce impact of threatened 30% general tariff on exports to US
Brussels feels it has already offered a lot of concessions to the US in tariff talks, so what else can now be put on the table?
Import tariffs will cost US households $2,400 this year, Yale research estimates. Sooner or later, the pain will start to bite
What are the key concerns to look out for as the vital transatlantic trade talks come to a head?
When blockbuster drugs lose intellectual property protections it can wipe out billions of dollars in revenue for companies
The EU must decide whether to sign a trade deal with Trump which still leaves it open for the US to attack key sectors
US president says companies will be given about a year ‘to get their act together’ before tariffs are imposed
Whatever strategy the US adopts, there are serious risks to Government revenue from the sector after 2026
With a US-based parent company, it says US tariffs, market volatility and ‘slower economic growth or recession’ could hit business
The best-financed lobbyists in the United States are protecting the pharmaceutical sector, but that may change
Brussels will try to avoid all-out trade war with US, but faces agreeing tariffs deal tilted in Washington’s favour
ECB report says Irish pharma exports behind jump in EU exports in first quarter
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