Washington – Irish Taoiseach Micheál Martin said he hoped a dialogue could resolve a trade war between the USA -a European Union after President Trump threatened to impose 200% of tariff retaliation on European wines and alcohols.
Tariffs were the answer to the European Union Contratarians Against the initial Mr. Trump hiking of steel and aluminum.
“I think there are a lot of uncertainty at the moment,” Martin told CBS News on Thursday. “Generally, tariffs damage to trade, damage to companies, but also damage to consumers, because it will lead to increasing prices for consumers. I do not think this is good, in no case, we hope that in full time we will collapse and that there will be negotiations, to trade negotiations, so that they can adhere to the state of compliance with the land.”
Martin said that Mr. Trump was “very aware of the excess goods that Ireland had, especially through the pharmaceutical issue.”
“But if you put services in mix, of course Ireland is in deficit,” he said.
Martin described the US and Ireland economic relationship as a “two-way street” and published an investment of his country in the US, including over 700 Irish companies, which he said were responsible for creating more than 50,000 jobs in US Martin, also pointed out that the Irish airline, Ryanair, recently adopted a command of more than 400 Boeing Aircraft.
When added with the second Irish companies AERCAP purchase of 150 Boeing aircraft last year, Irish ownership companies were “Breed Boeing’s largest buyer outside the United States,” he said.
“In absolutely worst scenarios, say, an increase of 25% on tariff tariffs, Tit-For-Tat on both sides-Boeing 787, the price will rise for $ 40 million,” AEGUS CEO Angus Kelly said on Wednesday at CNBC. “No one will want to pay for it.”
Kelly said that European companies are likely to buy aircraft produced by Airbus, which is a European company, if applied by Mr. Trump’s tariff.
Ask o His meetings On Wednesday, the President in the White House, Martin described them as “positive meetings” that celebrated “historical connections between the two countries.” He called Mr. Trump a “gracious host” who has “affection for Ireland.”
“He loves Ireland. He has an investment in Ireland,” he said, adding that Mr. Trump, New Yorker, showed that he had “a lot of experience with the Irish-American people.”
