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
3:00 am
Dr. Tom McDonnell:
-----and for all of these areas and breaks them down. My colleague Chris Smart has done it for every subsector of the economy and we are going to do it for Northern Ireland as well. It is possible to translate these things but I would emphasise that the projections that people are making have very little empirical evidence. What Trump is doing does not really have modern comparisons. With things like minimum wage, for example, one can see that 50 countries have done a minimum wage and done it in different ways.
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