Tánaiste updates Ministers on EU-US trade negotiations

This morning, Tuesday 15 July, the Tánaiste and Minister for Foreign Affairs and Trade, Simon Harris TD, updated Ministers on EU-US trade negotiations.

Following the announcement by the US President last Saturday 12 July of potential 30% tariffs on EU goods, the Tánaiste briefed Ministers on the current state of play in the trade talks between the European Commission and the US.

Speaking following Cabinet, the Tánaiste said: “Last weekend’s letter from President Trump to President von der Leyen was deeply regrettable. A 30% tariff would have a significant effect on the Irish and European economies. However, the EU continues to negotiate with the US in good faith. Notwithstanding the letter, the facts remain that the deadline for talks is 1 August. The EU is at the negotiating table and will remain there. Negotiations are at an advanced stage. Now is the time to redouble our efforts and to seek to achieve positive results in the time available.”

Responding to reports regarding EU rebalancing measures on US imports, the Tánaiste said: “At the Foreign Affairs Council on Trade yesterday, Commissioner Šefčovič outlined what has been the EU’s strategy since the outset of this dispute, which is to continue negotiations while at the same time preparing rebalancing measures should they be required. The Irish Government and the other Member States strongly support this approach. EU unity is our greatest strength in these negotiations.

“The Commission has shared a revised list for a possible second set of countermeasures. No formal proposal has been presented to Member States for consideration at this point. My officials are examining the list against our known sensitivities. I have said from the outset that tariffs imposed by either side will cause pain, it is the case that Irish and EU exports to the US have faced additional tariffs since April.

“Our objective remains to reach agreement on a mutually beneficial deal that works for both sides. A negotiated outcome is the best way forward and I am in close ongoing contact with the Commissioner as we approach the 1 August deadline. In the time remaining I will continue to advocate for a deal that works for Ireland, Europe and the US.”

ENDS

Press Office

15 July 2025