Oireachtas Joint and Select Committees

Wednesday, 16 July 2025

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute

2:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

My view on counter-tariffs is that you should be using them if you believe doing so will strengthen your hand. That is a judgment call, and it is made in light of the individual you would be dealing with. We are probably not in normal circumstances. Dr. McDonnell spoke about game theory and how when somebody hits you, you hit them back. In this scenario talking about tariffs, when you hit them back, you might be landing a blow, but you are landing the sucker punch on yourself and the Irish people.

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