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

4:00 am

Photo of Mairéad FarrellMairéad Farrell (Galway West, Sinn Fein) | Oireachtas source

It comes down to the fact that concepts such as those relating to retraining, apprenticeship models and so on are changing our psyche. That is important. At the moment, jobs that involve certain titles, etc., are sometimes prioritised.

In the context of reshoring and tariffs, we are looking at a four-year term and at how many decisions will really be made by large companies during that period. The issue is what will happen in the longer term. Officials from the ESRI were before the Committee on Budgetary Oversight yesterday. One of the points they made is that investment in big pharmaceutical plants is a 15- to 20-year project. How much of an impact will tariffs have on reshoring over the four-year period?

Comments

No comments

Log in or join to post a public comment.