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Ireland's Department of Finance and Economic and Social Research Institute Estimate Impact of Tariffs on Irish Economy

|Approved Changes|Ireland
Ireland

Ireland's Department of Revenue has announced the publication of an economic analysis on the impact of tariffs on the Irish economy.

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Minister Donohoe notes the publication of analysis estimating the impact of tariffs on the Irish economy

  • in the event of tariffs being introduced on transatlantic trade, Modified Domestic Demand in Ireland could fall by 1-2 per cent – relative to a no-tariff baseline – over the medium-term
  • such a decline could trigger lower employment – again relative…

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