Irish companies are already preparing for impact of Trump’s tariffs
Description
Donald Trump’s stance on imports coming into the US could have very real implications for Irish transatlantic trade.
September proved to be a record month for Irish exports, as well as a record level of exports going to the US. This underlines the importance of a market that could be jeopardised if the president-elect follows through on his promise to introduce blanket tariffs on goods entering the US.
Carol Lynch is customs and trade partner with BDO Ireland and she joined host Cliff Taylor to give some insight into what those tariffs could do to the Republic’s largest export market outside of the EU, and how Irish companies have already started preparations to manage those impacts.
Cathal Foley and his company PACE won the sustainability and overall prize at the 2024 Irish Times Innovation awards.
PACE stands for Platform for Analysing Carbon Emissions, specifically airline carbon emissions. The aviation sector has set an ambitious target of net zero emissions by 2050, something that is likely to cost around five trillion dollars. Cathal explained how PACE aims to help the sector achieve that target.
Produced by John Casey with JJ Vernon on sound.
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