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As soon as Donald Trump was declared the winner of the 2024 US Presidential election, immediate concerns took the place of future speculations about how the President Elect’s promises were going to shape the economy in Europe and especially in Ireland. Among offering a raft of protectionist economic policies, two of Trump’s key promises about the US economy mean particularly stark times for Ireland and the wider EU. One of them is a blanket 10-20% tariff on imports and a lowering of corporation tax (currently 21%). The rate would be 15% for companies that produce domestically in the US. With a…

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