It is a list of American goods proposed by the EC on May 8, value of EUR 95 billion, which would be covered by customs duties, if there is no trade agreement and the US will impose on the announced duties on the EU.
Deputy Minister Richmond confirmed that Ireland talks to the EC about the exclusion of agricultural and bourbon from this list of agricultural products, imported from the USA to the EU. Dublin is afraid of retaliation from Washingtonwhich could hit the Irish export of dairy products and whiskey to the USA.
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It is not for the first time that treatments for indulgent treatment of American bourbon are underway, because it was removed from the first list of retaliation in April.
As part of the prepared potential retaliation, the EC also proposed a hit on the American Boeing concern, with a large order by the Irish Ryanair carrier.
Departure of the duties by Trump
Richmond told journalists that in his opinion President Donald Trump's postponement 50 % customs rates on the EU until July 9 should accelerate negotiations over the agreement between the EU and the USA.
– I don't mind European companies buy more than the USA. I would actually like to see it, but we must make sure that […] We will work on this methodically – he emphasized.
– Ireland supports the European answer, but it is really important that we do not exaggerate with a reaction to each post on social media of the US administration – he added.
– Discussions between our officials and the EC officials are ongoing and we are pleased that we can make sure that every package [ceł odwetowych]who will be prepared will be the one who will actually lead negotiations to a better place – said Richmond.
– I will honestly say that I do not want the retaliation duties to be ever introduced to ever – noted the Irish deputy minister.
Ireland not only uses the export of its products and services to the US, and is also a beneficiary of the presence of American technological giants in its area, which can be considered their base in the European Union. Companies such as Amazon, Apple, Meta or Alphabet have headquarters and operational centers in Ireland, contributing to the dynamic economic growth of the country and employment.
In 2024, the US had a deficit in trade with Ireland of $ 86.8 billion, i.e. larger than with Germany ($ 84.8 billion), Japan ($ 68.5 billion) or Canada ($ 63.3 billion). “This is mainly the result of accounting tricks of large corporations, which for tax reasons chose Ireland to the place of their European headquarters. Thanks to this, Ireland became, among others, a great exporter of pharmaceuticals. It exports them for around EUR 50 billion a year, but the vast majority of these specifics are produced in other countries and does not even pass through transit through Ireland,” she wrote recently ” “Rzeczpospolita”.
The article indicates that in the years 2013–2023 revenues from CIT increased from EUR 4.3 billion to EUR 24 billion.
