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
3:20 am
Alice-Mary Higgins (Independent) | Oireachtas source
To come back to the new economy, we still have instability in terms of tariffs and their priority. Will Mr. McDonnell comment on what Ireland and the EU could do, with reference to the G20 meeting and also in terms of the food and beverage sectors? If I was very cynical, and I rarely am, the huge focus on defence spending will certainly help Germany whose manufacturing capacity utilisation is currently decreasing. We are seeing massive collective resources from Europe going into areas which will certainly help some of the largest economies in Europe weather any storm. Is there a battle within Europe about what it invests in, for exam[;e, food, sustainability and the environment? In terms of Ireland, how can we take measures, be in through the G20 or our own indigenous industries, to build the next market?
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