Trade Tensions and Economic Implications

This chapter examines the recent EU-US trade deal and its ramifications, notably from Germany's perspective, which expresses significant concerns over potential economic harm. The discussion includes the complexities of tariff rates, especially in the automotive and pharmaceutical sectors, and explores the implications for Ireland's economy given its reliance on US investments. Overall, it highlights the need for Europe to enhance competitiveness amidst the uncertainties of ongoing trade negotiations.