Dr. Tom McDonnell:

The Cathaoirleach is correct in that those are long-term investments. They are not done on a whim. The individual companies involved are going to have to make decisions as to whether they think tariffs - if and when they come in - will be permanent. Much of that comes down to politics in the US. There will be profound levels of lobbying by the pharma industry, including supporting people leading up to the elections for the next Congress. They may be hoping that this will be all over in 2027. If they believe there is a good chance of that, they will ask why on earth should they reshore when they decided to base their operations in Ireland for logical financial reasons. They will all make different decisions. There may be some reshoring, but it would be speculative on my part to-----