This is about a lot more than tariffs, of course, with Trump moving to remake American society and undermine its democracy. And as the US president faces a big budget deficit, this is a problem for him – he needs the money. Global 10 per cent tariffs remain, as well as higher changes on steel, aluminium and cars. This trade war, if it goes on, will also have a wider impact on the world and Irish economies. As the Taoiseach said this week, big investors crave stability.
