Expanding in the US is a must for Irish tech companies but Trump’s belligerent policies have flipped the script on how they approach the market.
The White House has steamrolled its way to higher tariffs with key partners Japan and the EU, whose further promises of American purchases and investments don't mean much. This is paving the way for US action on the dollar and financial bodies.
As the threat of sweeping US tariffs looms, Irish exporters and multinationals face an uncertain path. The Government has some big decisions to make.
The United States is now in the unprecedented position of being the issuer of an unanchored global reserve currency. However reluctantly, the rest of the world is now in the unenviable position of being the user of the unanchored US dollar.
The state agency’s incoming CEO Jenny Melia is pushing companies to centralise R&D at home and avoid reliance on a dominant export market. After Brexit, the diversification strategy now becomes a playbook for dealing with the US.
Days after its main lender installed receivers over the whiskey maker, two minority shareholders have petitioned the High Court for court protection from creditors in an effort to restructure the business.
The US-UK trade deal, finalised at the G7 in Canada this week, now includes the removal of tariffs on aerospace exports to the US. It is a big win for the North's booming industry.
Rather than a decoupling from the fortunes of US multinationals, the volatility reported by the Exchequer last month shows Ireland is more exposed to them than ever.
Even under Trump, US multinationals show little sign of retreating from global markets — thanks to incentives, political clout, and economic reality.
Lyft VP Jeremy Bird, once an Obama campaign organiser, and FreeNow's Danny O'Gorman speak to The Currency about the €175m acquisition that will shake up the taxi industry.
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