Ireland's Economic Outlook: Department of Finance to Factor in US Tariffs

2025-05-05
Ireland's Economic Outlook: Department of Finance to Factor in US Tariffs
RTÉ Ireland

The Department of Finance is set to release its economic forecasts for Ireland, taking into account the tariffs imposed by the US government under the Trump administration. This move aims to provide a more accurate picture of the country's economic outlook, considering the potential impact of these tariffs on Ireland's trade and economy. As global trade tensions continue to rise, the Department of Finance is prioritizing transparency and preparedness in its economic forecasting. With the inclusion of US tariffs in its forecasts, the department seeks to provide stakeholders with a comprehensive understanding of the potential risks and opportunities facing the Irish economy. By factoring in these tariffs, the department can better assess the implications for Ireland's economic growth, trade relations, and fiscal policy, ultimately informing strategic decisions to mitigate any adverse effects and capitalize on emerging opportunities in international trade and global markets, including Brexit and foreign investment.

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