Micheál Martin (Cork South-Central, Fianna Fail) | Oireachtas source

-----as will member states. On Deputy Ó Fearghaíl's point, Europe will have to stand up and be the bastion of a multilateral, rules-based order. It will have to maintain its focus on the United Nations in a world where that is being threatened and undermined. There is no doubt of that. Ireland as a small country needs an international, global rules system. It is what we always stood for. Deputy Tóibín mentioned that we are exposed. We are. We should not forget that it is not about goods alone. If one factors in services, one can see that Ireland is actually in deficit in its trade with the US. European Union-US trade, if you factor in services, is about €50 billion in surplus out of approximately €1.7 trillion. America does not look at its services figures at all, but in any trade balance, services have to be factored in as well as goods. We are engaging with companies and with the European Union.

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