Mr. Niall Conroy:

The process we followed to try to come up with some estimates of what the impact could be on public finances was to take work done by the Department of Finance and the ESRI, where they estimated the potential impact of tariffs on employment. What we tried to do was break that out into a sectoral level. That obviously matters a lot as some sectors are much more tax-rich than others. We did a judgment-based scenario to try to see what sort of sectors would be most likely to be impacted. That got us to that aggregate number of the effect on unemployment, which was approximately 3%.