Ireland sees thousands of jobs at risk from the tariff of American drugs

Ireland runs a strong financial location with a large budget surplus thanks to the income of corporate tax from multinationals such as Apple Inc. And Pfizer Inc. The future of financing in Ireland The event in Dublin, Donuho said that the government should use this surplus, taking into account the long term.

This is particularly the issue as an induction and global slowdown that means a large part of these tax revenues is at risk. The government is likely to tighten the wallet strings this year-the blatant contrast with the budget last year, which was scattered with one-time gifts for taxpayers.

Pharmaceutical definitions, if President Donald Trump imposes it, is a major concern. Donuho warned warning that they would cost them about 75,000 Pharma jobs in Ireland.

“I will do his best to protect and invest the capital,” Donuho said, saying that the cuts carry a long -term cost of economics, companies and jobs.

He said: “One of my deep lessons following the global financial crisis, when the capital investment decreases, the costs are escalating in the future.” “If our growth forecast changes, we will use our financial site in an attempt to keep the capital investment and support and we will reach everything we can to avoid cutting it again.”

The American administration has repeatedly identified the Irish model, as Trade Minister Howard Lottenic said that Ireland is running a surplus at the expense of America. Trump raised the matter with Irish Prime Minister Michel Martin at a reception at the White House on St. Patrick’s Day.