From 18th-century linen to 21st-century tech, Ireland has thrived by aligning with global economic hegemons — first sterling, then the dollar. But as the US rethinks its global role, the island’s open economy may face its greatest test yet.
Donald Trump’s foreign policy pivot is unsettling smaller nations, forcing them to navigate a world where old alliances no longer guarantee protection. What does it mean for Ireland?
While the short-lived imposition of Trump's "reciprocal" tariffs wrought havoc with stock exchanges, investors explain how the private market reaction will lag behind its public counterparts.
Donal Trump promised to punish Europe when he announced his sweeping tariffs. The outcome could be quite the opposite, however, as huge sums look set to flee the US.
The Trump administration not only wants to radically reduce economic ties with China, it is pressuring others, including the EU, to follow suit. This should happen on Europe's terms.
Volatility and uncertainty are unavoidable. Reacting negatively and destroying wealth is not. We have the tools to thrive in a world in turmoil.
The US aircraft manufacturer is exactly the type of multinational the Trump administration claims to champion, but its trade policy is prompting warnings from customers from Ireland to China – not to mention Boeing's own supply chain.
Asked about the global turmoil triggered by Trump, Stripe co-founder John Collison had “nothing new to say”. This might be the wisest approach.
Tariffs are just one way Trump aims to undercut competitors of the US with climate free-riding, corporation tax policy and general rogue state behaviour all lined up to put pressure on Irish policymakers.
Populist leaders claim to solve complex problems with simple solutions. In practice, they sow confidence-wracking uncertainty.
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