US secretary of commerce Howard Lutnick has renewed his attack on Ireland, calling the country his favourite “tax scam”. Mr Lutnick erroneously claimed that Ireland had a $60 billion (€55.4 billion) surplus last year. In fact the budget surplus was €25 billion ($27 billion), which included a once-off €14 billion Apple payment. READ MOREUS Secretary of Commerce Howard Lutnick has called Ireland a 'tax scam' on the All-In Podcast. Meanwhile, the Government is likely to provide some support to businesses hit by a trade war between the EU and the US, but will rule out Covid-style funding packages, it is understood.

Source: The Irish Times March 22, 2025 12:29 UTC