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The Independent UK
The Independent UK
By Cate McCurry

Impact of tariffs laid bare on eve of ‘significant day in history of the world’

Ireland’s Finance Minister has laid bare the potential effect of US tariffs on the Irish economy, describing the looming announcement as a “significant day in the history of the world”.

Paschal Donohoe said Ireland is facing a possible slump in employment growth and job creation, a decline in tax revenue, possible tax income increases, an impact on some 80,000 current jobs – and he refused to rule out a recession.

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