Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

Yes, and I am not suggesting that this is a good situation. The US is the most powerful country in the world and is by far the biggest influence on global trade, global financial movements and so on. When the US decides to impose sanctions, that impacts on everyone else, particularly in the western world. There is not a single big multinational operating in Europe that does not have interests in the US, whether they be banking, finance or shareholder interests, supply chain systems, technology and so on. That is why the concept of "America first" does not make sense when it comes to foreign policy, when we are trying to operate in a global system that is multilateral by nature. A significant attempt was made by senior EU leaders to find a way forward that did not involve the US abandoning this nuclear deal-----

See this speech in context