Ireland’s Pharma Sector Relieved as US-EU Trade Deal Limits Tariffs to 15% - 22/08/2025
The US and EU have finalised a framework trade deal that includes a 15% tariff on most EU imports, including pharmaceuticals and semiconductors.A three-page statement released today outlined details of the political agreement reached on July 27, confirming a 15% tariff ceiling on EU exports to the US. The move comes as a relief to Ireland's booming pharmaceutical sector.More than 90 pharmaceutical companies operate across the country, employing about 50,000 people, including 30,000 employed by US firms in Ireland.Political Editor at The Irish Examiner, Paul Hosford, joined us on The Agenda…
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