Trump’s tariffs. Now it’s the Republic of Ireland’s turn. ☘️

Went down significantly when tariffs were announced. I looked at share prices several times a day when I was trading post-retirement, have now extricated myself completely and glad to have done so,

Barleyfields

Went down significantly when tariffs were announced. I looked at share prices several times a day when I was trading post-retirement, have now extricated myself completely and glad to have done so,

I’m sure you are well out of it, we’re you really a market trader.

As you know the ftse was languishing around 8000 or so, for many months so no sign of worse conditions than we had before Trump. I’ve no idea which way it’s going to go, nor does anyone else, it’s all dependant on Trump/Putin, next week will be important

Allira

Claremont

FriedGreenTomatoes2

The sainted EU eh?

“The Telegraph revealed this week that EU governments were considering plans to go even further and “weaponise” life-saving medicines.

Antibiotics, radiation therapies and pacemakers are among over 200 products identified because the US is dependent on EU supplies to meet domestic demand.”

Well, the UK has suffered badly of medicine supplies since Brexit- and it could get much worse. Not because the EU 'weaponised' life-saving medicines, but because the UK chose to isolate itself from suppliers with Brexit.

There has been a world shortage of pharmaceuticals, in the main due to Covid, shortages of raw materials and because pharmaceutical companies are becoming extremely competitive causing shortages of some generic drugs.

Yes, so groups of countries, like the EU, will have much more buying power than single countries like the UK, and moreover, due to shortage, they will prioritise each other. Countries with low currency values, as the UK, will also have less buying power, and will have to pay a much higher price.

FriedGreenTomatoes2

That’s part of his charm. He gets things done Casdon.
He’s a disruptor.

"gets things done".

But the things are an abomination.

Claremont

Allira

Claremont

FriedGreenTomatoes2

The sainted EU eh?

“The Telegraph revealed this week that EU governments were considering plans to go even further and “weaponise” life-saving medicines.

Antibiotics, radiation therapies and pacemakers are among over 200 products identified because the US is dependent on EU supplies to meet domestic demand.”

Well, the UK has suffered badly of medicine supplies since Brexit- and it could get much worse. Not because the EU 'weaponised' life-saving medicines, but because the UK chose to isolate itself from suppliers with Brexit.

There has been a world shortage of pharmaceuticals, in the main due to Covid, shortages of raw materials and because pharmaceutical companies are becoming extremely competitive causing shortages of some generic drugs.

Yes, so groups of countries, like the EU, will have much more buying power than single countries like the UK, and moreover, due to shortage, they will prioritise each other. Countries with low currency values, as the UK, will also have less buying power, and will have to pay a much higher price.

The NHS itself has enormous purchasing power.
Unfortunately, they don't make the most of that fact; perhaps now NHS England is to be taken back into the D of H this will be one item on the agenda.

POTUS steel tariffs, The Economist explains well that prices are increasing.

www.economist.com/business/2025/03/11/trumps-metals-tariffs-will-cost-american-industry-dearly

Allira

Claremont

Allira

Claremont

FriedGreenTomatoes2

The sainted EU eh?

“The Telegraph revealed this week that EU governments were considering plans to go even further and “weaponise” life-saving medicines.

Antibiotics, radiation therapies and pacemakers are among over 200 products identified because the US is dependent on EU supplies to meet domestic demand.”

Well, the UK has suffered badly of medicine supplies since Brexit- and it could get much worse. Not because the EU 'weaponised' life-saving medicines, but because the UK chose to isolate itself from suppliers with Brexit.

There has been a world shortage of pharmaceuticals, in the main due to Covid, shortages of raw materials and because pharmaceutical companies are becoming extremely competitive causing shortages of some generic drugs.

Yes, so groups of countries, like the EU, will have much more buying power than single countries like the UK, and moreover, due to shortage, they will prioritise each other. Countries with low currency values, as the UK, will also have less buying power, and will have to pay a much higher price.

The NHS itself has enormous purchasing power.
Unfortunately, they don't make the most of that fact; perhaps now NHS England is to be taken back into the D of H this will be one item on the agenda.

Compared to all the Health systems combined, of all EU countries, the NHS is very small. Currency is low value, and also not part of a large cooperative, combined purchasing group, like the EU. Sorry, but fact.

Much easier for Ireland to sell to co Europeans, no borders, no currency issues.

The EU is about 514 million people, and the UK about 67 (so approx 13%).
Germany, 83, France 67, Italy 60.5, Spain 47, and Poland 38, plus all the others.

Well, Trump doesn't need to push the EU into recession. Thanks to their insane net zero policies and their vast over regulation they are already on their way there.

Claremont

Much easier for Ireland to sell to co Europeans, no borders, no currency issues.

The EU is about 514 million people, and the UK about 67 (so approx 13%).
Germany, 83, France 67, Italy 60.5, Spain 47, and Poland 38, plus all the others.

The problem is that, presumably, the American pharmaceutical industries at present operating in Ireland must be employing Irish people or people from the EU and UK, not just Americans.

“Ireland has our pharma companies,” said US president Donald Trump on Wednesday in some of the most significant comments of his encounter with Taoiseach Micheál Martin.

And he wants them back. Trump wants US drugs to be made at home, not shipped in from countries like Ireland and this is a significant economic issue for this State.

So is he anticipating all this expertise, all these people, will happily and willingly relocate to the USA or does he have a qualified workforce just willing and ready over there?

The trouble with Trump is he blusters and bluffs, makes outrageous statements then when the dust settles thinks people are relieved to settle for less. But that less is more than they would have negotiated had the discussion been reasonable and sensible from the start.

US pharmaceutical companies will have relocated to Ireland for a reason, same as some English companies have set up a lot of ‘back room’ type operations in Ireland - financially it makes sense. Trump seems to think that Ireland has kidnapped US companies. A complete moron.

Barleyfields

US pharmaceutical companies will have relocated to Ireland for a reason, same as some English companies have set up a lot of ‘back room’ type operations in Ireland - financially it makes sense. Trump seems to think that Ireland has kidnapped US companies. A complete moron.

I thought it was just the low company taxation that companies have HQ in Ireland. It affects the UK greatly.
It’s an embarrassment for Ireland they have “too much” Corporation tax collected

I dont quite understand it, but it looks like Northern Ireland are in a curious position as

"Post-Brexit rules, set out in the Windsor Framework, aligns Northern Ireland trade processes with EU customs arrangements, while remaining part of the UK’s customs union"

www.itv.com/news/utv/2025-03-13/trump-took-huge-interest-in-northern-ireland

I cant quite get my head around the implications, perhaps another GN can.

I think it had to do with the FGA and freedom of movement between the two countries.

Of course it is much more complicated than I’m indicating, but if the border didn’t remain as was pre-Brexit, then the GFA would be broken and no one wants to be responsible for the consequences. That is why May and Johnson were in such a bind, because the Tory party insisted on a hard Brexit, and it was impossible to reconcile.

Wyllow3

I dont quite understand it, but it looks like Northern Ireland are in a curious position as

"Post-Brexit rules, set out in the Windsor Framework, aligns Northern Ireland trade processes with EU customs arrangements, while remaining part of the UK’s customs union"

www.itv.com/news/utv/2025-03-13/trump-took-huge-interest-in-northern-ireland

I cant quite get my head around the implications, perhaps another GN can.

You dont have to understand Ireland just accept they are not fighting each other. Commercial goods have to go through clearance and pay any customs payments, if you have an address in NI take whatever you want across from mainland.
There is obviously some smuggling and illegal entry both ways, Switzerland is the same but it’s better than policing a hard border.

David49

Wyllow3

I dont quite understand it, but it looks like Northern Ireland are in a curious position as

"Post-Brexit rules, set out in the Windsor Framework, aligns Northern Ireland trade processes with EU customs arrangements, while remaining part of the UK’s customs union"

www.itv.com/news/utv/2025-03-13/trump-took-huge-interest-in-northern-ireland

I cant quite get my head around the implications, perhaps another GN can.

You dont have to understand Ireland just accept they are not fighting each other. Commercial goods have to go through clearance and pay any customs payments, if you have an address in NI take whatever you want across from mainland.
There is obviously some smuggling and illegal entry both ways, Switzerland is the same but it’s better than policing a hard border.

No that is incorrect.

FriedGreenTomatoes2

That’s part of his charm. He gets things done Casdon.
He’s a disruptor.

Just what has he achieved that is positive for the USA? I gather from your posts you would be glad to see a rampant toddler running the USA for its citizens, after all it's not your country.

He is up to his eyes in law cases which are going against him, and building the momentum to stop him repeating illegal moves..

Which of the accusations against him, that have proved to be true, are you so enamoured by? Is it his unpresidential behavior or his divisive rhetoric? His lack of political exxperience, his scientific ignorance or his questionable business practices. Or was it his handling of the COVID-19 pandemic that made you such a fan?

Whitewavemark2

David49

Wyllow3

I dont quite understand it, but it looks like Northern Ireland are in a curious position as

"Post-Brexit rules, set out in the Windsor Framework, aligns Northern Ireland trade processes with EU customs arrangements, while remaining part of the UK’s customs union"

www.itv.com/news/utv/2025-03-13/trump-took-huge-interest-in-northern-ireland

I cant quite get my head around the implications, perhaps another GN can.

You dont have to understand Ireland just accept they are not fighting each other. Commercial goods have to go through clearance and pay any customs payments, if you have an address in NI take whatever you want across from mainland.
There is obviously some smuggling and illegal entry both ways, Switzerland is the same but it’s better than policing a hard border.

No that is incorrect.

Do correct me please that’s how it looks

Is NI itself going to be affected by EU tariffs and how because it has a soft border with Ireland were my ??

Wyllow3

Is NI itself going to be affected by EU tariffs and how because it has a soft border with Ireland were my ??

Steel and Aluminum affects everyone the latest EU spat is alcohol so Irish Whisky would be affected.
However NI also has distilleries like Bushmills they wouldn’t. Other goods at EU rates

imaround

Mote and more Trump voters are coming out of the woodwork saying this isn't acyually what they voted for.

No one in this country voted for prices to rise for goodness sakes.

No one voted for a King Emperor either.

“coming out of the woodwork”
Judgemental, much? 🤣🤣🤣

Syracute and Norah, thanks. Some believe that Trump is actually trying to crash the USA economy, as that would benefit his billionaire buddy donors, and disaster capitalists.

Well, yes. Just like Farage, nobody will actually say what they admire about this person( although it's pretty obvious)

Why would anybody value a disruptor, a felon, a man who talks about grabbing pussy?

Trump's spiritual advisor Robert Morris has been charged in Oklahoma on five counts of lewd and indecent acts with a child. If you judge a person by the company he keeps, then 'harming' and not 'charming' is a more appropriate description of Trump.