EU-US trade deal: Chamber and Ibec welcome certainty but 15% tariff 'still substantial burden'

Ibec and Chamber Ireland warn of the impact Donald Trump's tariffs will have on Irish business
EU-US trade deal: Chamber and Ibec welcome certainty but 15% tariff 'still substantial burden'

US president Donald Trump meeting European Commission president Ursula von der Leyen for talks at the Trump Turnberry golf course in Scotland on Sunday. Picture: Jacquelyn Martin/AP

Business groups have tentatively welcomed the framework trade agreement reached between the EU and the US, as it brings more certainty for firms, but the 15% tariff on imports to the US “still represents a substantial burden for many industries”.

On Sunday, US president Donald Trump met with EU Commission president Ursula von der Leyen at his golf course in Scotland to finalise a framework trade deal with the EU.

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