Ireland’s economy, heavily reliant on corporate tax revenue from US multinationals, faces uncertainty following Trump’s re-election. His proposed corporate tax cuts could encourage US firms to move intellectual property back to the US, threatening a significant revenue loss for Ireland. Furthermore, Trump’s protectionist trade policies and rising tariffs may disrupt global supply chains, including those critical to Ireland. These challenges, combined with potential changes in global investment flows, could undermine Ireland’s fiscal stability, despite previous resilience during Trump’s first term.
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