Gerald Nash (Louth, Labour)

I thank the Minister for his response. I note the publication of that statement and that he has placed on the record of the House that at this stage, this is an understanding. At the time, my recollection is that he welcomed the removal of section 899 retaliatory measures and that is very important for businesses. We have to remember that Ireland has significant foreign direct investment in the United States. This has been described as a form of opt-out for the US. Does the Minister believe this may have worrying implications for the remainder of the OECD deal? This may very well heap more uncertainty on the uncertainty we are already experiencing around the type of tariff regime the US Administration may like to see implemented.

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