James Geoghegan (Dublin Bay South, Fine Gael) | Oireachtas source

I thank the Minister. There is no sugar-coating the tariff announcements made yesterday evening. We are only beginning to understand their effects. It is now the reality that the United States, which started globalisation, is seeking to bring an end to it. We in the European Union need to be proud of what we have done in developing the largest single market in the world. We need to ensure we do more in Europe to better enhance in particular our banking market and the impact this can have. The history of Europe has always been forged in crisis. The response to these crises has always made Europe better and led to more prosperity and more peace. We need to ensure that Ireland remains at the heart of this. We need to take measures at domestic level. Most of this will be in the form of investment in infrastructure. As a result of the decisions we have made in the past, we have the money available to make that investment.

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