Oireachtas Joint and Select Committees

Tuesday, 1 July 2025

Committee on Budgetary Oversight

Fiscal Assessment Report: Engagement with the Irish Fiscal Advisory Council

2:00 am

Photo of Mairéad FarrellMairéad Farrell (Galway West, Sinn Fein)
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It is just that IFAC stated some sectors are likely more exposed to tariffs than others. Pharmaceuticals was one of them. Those companies are saying that it will not be included in tariffs. IFAC just means that as regards the global trend and the economy broadly tariffs could have an impact on pharma.