US President Donald Trump said what he said as an imbalance in global trade during a meeting with Irish Prime Minister Michael Martin, reiterating his danger of implementing mutual tariffs on other countries.
Trump injected trade tensions in the visit of the head of Ireland to mark St. Patrick’s Day, usually a mild relationship. He sang the country of the visiting leader, which depends heavily on corporate tax receipts and is an export-powered development model.
“We have a large -scale deficit with Ireland because Ireland was very smart. They took our pharmaceutical companies away from the presidents, who did not know what they were doing and it was very bad, ”Trump said during a meeting with Martin at the White House on Wednesday.
As a trip to Martin, Trump tarifs American partners with tariffs in a bid to re -shape the global trade flow and bring a job in the US – a challenge for the Irish premiere that is eager to avoid the levy in his country. Ireland hosts large manufacturing plants for drug giants along with the European Union headquarters of most major technology companies. Its export-heavy economy makes it particularly weak for the trade threats of the US President.
Irish exports hit a record in 2024, according to new data, inspired by an increase in large -scale medical and drug products. America is the second largest export market in Ireland after the European Union.
Earlier: Irish exports recorded on medical, pharma goods in 2024
Trump and colleagues have also worked for a long time in the taxation policies of the country, in which Apple Inc. on their tax bill Also included a multibillion court fight with. Commerce Secretary Howard Lutnik has highlighted Ireland as a country that he sees enjoying the budget surplus at the cost of America.
While Trump’s early tasks have killed specific industries such as China, American neighbors Canada and Mexico, and Steel and Aluminum, the Lump Danger for Ireland will come in April when it will reveal the so -called “mutual” tariff on nations.
The target of those levy on different countries will be to combat both tariffs and other obstacles, which are on the import of each nation. Trump has specifically cited obstacles in the European Union, including the value -added taxes, as an example he is demanding to compete.
Trump said on Wednesday that the United States “lost large sections of our economy, saying that” the European Union had been very difficult, and it is also our turn. We also get a turn on it. ,
Jennifer A. With the help of Pluhi and Skylar Woodhouse.
This article was generated from an automated news agency feed without amending the text.
