On April 2nd, 2025 US President Donald Trump had his famous Liberation Day tariff announcement. Deals were being struck, including an outline agreement with the EU with a maximum 15 per cent tariff. The European Parliament voted this week for the US trade deal to go ahead. On Thursday Trump announced new pharma tariffs on companies who have not made investment commitments in the US as part of special deals . These is likely to mean a tariff of 15 per cent on some Irish pharma exports to the US .

Source: The Irish Times April 03, 2026 01:56 UTC