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A Trump trade war with EU 'could cost Ireland 80,000 jobs'

The Guardian

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March 25, 2025

The Irish government has warned that the country could lose up to 80,000 jobs if Donald Trump launches a trade war with the EU, and has hit back at accusations by the US that Ireland is operating a "tax scam".

- Lisa O'Carroll

A Trump trade war with EU 'could cost Ireland 80,000 jobs'

The jobs estimate represents almost half the workforce in Ireland's multinational sector, which the US president is expected to target as part of an effort to repatriate jobs and taxes.

In the worst-case scenario, "it is very possible that between 50,000 and 80,000 jobs that would have been created or kept within the economy won't be", Ireland's finance minister, Paschal Donohoe, told RTÉ.

The Irish government also responded to claims by the US commerce secretary, Howard Lutnick, that Ireland was running a "tax scam". Ireland's enterprise minister, Peter Burke, said Lutnick, who had previously described Ireland's trade in goods surplus with the US as "nonsense", was wrong.

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