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Collateral damage' The Irish villages at risk if tariffs bite

April 10, 2025

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The Guardian

Just across the bay from Cobh lies the source of some of the biggest life-savers and givers in the pharmaceutical world.

- Lisa O'Carroll

Collateral damage' The Irish villages at risk if tariffs bite

Just across the bay from Cobh lies the source of some of the biggest life-savers and givers in the pharmaceutical world. Medicinal compounds for the treatment of cancer, rheumatoid arthritis, psoriasis, Crohn's and Parkinson's, as well as Sildenafil, the active ingredient in Viagra, are all manufactured within two miles of the deep port of Ringaskiddy in County Cork.

On the main road from Ringaskiddy, or down towards the white beaches of Lough Beg, the mammoth windowless plants of Pfizer and Johnson & Johnson are the main attractions.

After more than 50 years it is now all under threat, after Donald Trump accused Ireland of stealing America's pharmaceutical industry and vowed to "force" US companies to return home. On Tuesday night, he renewed the threat, promising a "major tariff" that would send the pharma industry "rushing back" to the US, sending stocks of those companies in Ireland, across Europe and India, all down.

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