David McNamara: Ireland avoids trouble in latest US trade skirmish

Analysis suggests Ireland’s effective rate will rise minimally, but continue to average about 5%, but many Irish producers, including those in the agri-food sector, have been operating with tariffs in this range for several years
David McNamara: Ireland avoids trouble in latest US trade skirmish

The news the US Supreme Court struck down the bulk of President Donald Trump’s tariff agenda created a fresh bout of risk for markets and the global economy over the weekend.  Picture: AP/Evan Vucci

Mon, 23 Feb, 2026 - 10:27
David McNamara: British economy is stuck in stagnation
David McNamara

The news the US Supreme Court struck down the bulk of President Donald Trump’s tariff agenda created a fresh bout of risk for markets and the global economy over the weekend. 

Predictably, investors have been doubling down on the recent ‘buy gold, sell dollar’ trade, as markets price in further uncertainty.

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<p>Exporters faced setbacks from the tariffs, especially in the dairy sector—affecting butter exports from companies like Ornua’s Kerrygold—and the whiskey sector, such as Irish Distillers’ Jameson.</p>

John Whelan: US Supreme Court tariff ruling not the biggest issue for Ireland’s exports

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