{"id":36636,"date":"2025-03-21T13:22:14","date_gmt":"2025-03-21T13:22:14","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/03\/21\/us-eu-trade-war-could-cost-ireland-more-than-e18bn-says-report\/"},"modified":"2025-03-21T13:22:14","modified_gmt":"2025-03-21T13:22:14","slug":"us-eu-trade-war-could-cost-ireland-more-than-e18bn-says-report","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/03\/21\/us-eu-trade-war-could-cost-ireland-more-than-e18bn-says-report\/","title":{"rendered":"US-EU trade war could cost Ireland more than \u20ac18bn, says report"},"content":{"rendered":"<p>Report co-authored by Irish government also finds tariffs could cause job losses and relocation of US multinationals<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/mar\/21\/uk-deficit-public-borrowing-economy-stocks-markets-spring-statement-consumer-confidence-gfk-business-live-news\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>A trade war between the US and the EU could cost Ireland more than \u20ac18bn (\u00a315bn), trigger waves of job losses and cause US multinationals to relocate, according to a report co-authored by the Irish government.<\/p>\n<p>Ireland\u2019s GDP could shrink by 3.7% over the next five to seven years under the worst-case scenario, in which Donald Trump imposed 25% tariffs on all exports on the EU and the EU retaliated with counter-tariffs, the study carried by the Economic and Social Research Institute (ESRI) found.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2025\/mar\/21\/us-eu-trade-war-tariffs-ireland-cost-report\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Report co-authored by Irish government also finds tariffs could cause job losses and relocation of US multinationals Business live \u2013 latest updates A trade war between the US and the EU could cost Ireland more than \u20ac18bn (\u00a315bn), trigger waves of job losses and cause US multinationals to relocate, according to a report co-authored by &#8230; <a title=\"US-EU trade war could cost Ireland more than \u20ac18bn, says report\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/03\/21\/us-eu-trade-war-could-cost-ireland-more-than-e18bn-says-report\/\" aria-label=\"Read more about US-EU trade war could cost Ireland more than \u20ac18bn, says report\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-36636","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/36636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=36636"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/36636\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=36636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=36636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=36636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}