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

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2:50 am

Dr. Tom McDonnell:

A side point is that a company may not invest in what it thought was the best option. It may invest instead in what was thought of as the second best option. Now everyone is making their second best choices, which presumably are inferior choices.

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