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Ireland Prepares to Navigate Trade Dynamics with Trump Administration, Says Tánaiste Simon Harris

Ireland is prepared to engage constructively with the United States under President Donald Trump’s second term, Tánaiste and Trade Minister Simon Harris stated yesterday. Amid concerns over potential trade impacts, Harris expressed confidence in Ireland’s ability to maintain and strengthen its economic, political, and cultural ties with the U.S.

Trade Consultative Forum to Drive Strategy
To bolster Irish trade in this evolving landscape, Harris announced the establishment of a trade consultative forum. Meeting monthly, the forum will include representatives from key stakeholders such as Ibec, the American Chamber of Commerce, Isme, IDA Ireland, Enterprise Ireland, and officials from the Irish embassy.

Harris emphasized the forum’s role in ensuring Ireland’s interests are protected and promoted. “I think we can do business with President Trump while continuing our long-standing relationship with the United States,” he said.

The trade division within the Department of Enterprise will shift to the Department of Foreign Affairs, under the leadership of an assistant secretary. Harris will oversee Irish trade policy direction and negotiations with the World Trade Organization (WTO).

Confidence in Diplomatic Engagement
Ireland’s ambassadors across the EU and the U.S. will incorporate trade strategies into their work. Harris voiced optimism: “I am confident following engagement with our diplomats in Washington and across the United States that we can chart a positive path forward.”

He stressed the importance of emphasizing the two-way economic relationship, highlighting Ireland’s significant investments in the U.S.

Strategic Insights from Pascal Lamy
Pascal Lamy, former head of the WTO and European Commissioner for Trade, advised Ireland to adopt a robust negotiating stance akin to Trump’s transactional style. Describing Trump as a “deal maniac,” Lamy suggested Ireland and the EU must be ready to negotiate firmly and retaliate if necessary.

“In trade, size matters,” Lamy said, underscoring the EU’s collective strength as a trade bloc. “Ireland, as part of the EU, can negotiate on equal footing with the U.S.”

Looking Ahead
This week, Harris will attend an EU Foreign Affairs Council meeting in Brussels as part of Ireland’s ongoing charm offensive to strengthen its global trade position.

Departing Fine Gael junior finance minister Neale Richmond added a note of caution, stating that it remains to be seen whether Trump’s rhetoric will translate into actions and whether those actions will align with his promises.

Ireland remains committed to its role within the EU and is prepared to safeguard its interests in what promises to be a challenging international trade environment.

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