Dáil debates
Tuesday, 1 April 2025
An tOrd Gnó - Order of Business
3:40 am
Micheál Martin (Cork South-Central, Fianna Fail) | Oireachtas source
I agree with the Deputy that tariffs are bad all round. Essentially, they represent a tax on people. They will be a tax on people's groceries and medication in the US. Europe will not respond prematurely or in a knee-jerk way. Europe will engage in a strategic response. The objective of the European Union's response will be to encourage the United States to the negotiating table in order to get a mitigation of whatever tariffs are announced tomorrow. No one is precisely sure how high these tariffs will be. It does make sense that there would be a negotiation to try to get a reasonable resolution. It will not be satisfactory to everybody but at least it could mitigate some of the damage that undoubtedly will be done as a result of the imposition of these tariffs.
No comments