Agri-Business
A "resilience framework" to help drinks businesses future-proof against economic, environmental and trade shocks is to be launched.
Enterprise Ireland has today launched two new grants to support its client companies to assess and respond to the impact of US trade tariffs.
The Irish Co-operative Organisation Society (ICOS) has warned that farmers are facing increasing "income volatility".
European Union member states have agreed a €93 billion package of countermeasures in the event that trade talks with the US fail.
The Irish economy remains in "good health" with over 440,000 jobs added since just before the Covid-19 pandemic.
Commissioner Maros Sefcovic said the EU is disappointed by a letter from US President Donald Trump threatening 30% tariffs on EU imports.
US President, Donald Trump has today, July 12, announced 30% tariffs on all EU products exported to the US, starting on August 1, 2025.
Minister for Agriculture, Food and the Marine Martin Heydon has said that a baseline 10% tariff on US exports is "looking more likely".
US president Donald Trump extended the deadline for the imposition on reciprocal tariffs on a range of trading partners, including the EU.
A federal court in the US has blocked President Donald Trump from imposing global tariffs ruling that the president overstepped his authority
Dairy
The average Global Dairy Trade (GDT) price index dropped by 0.9% following the latest auction today (Tuesday, May 20).
The Irish Whiskey Association, has warned that the Irish and EU spirits sectors remain uniquely exposed to EU - US trade tensions.
The chief executive of Kerry Group has said that the US market will continue to be the most important for the company.
Dairy News
Ornua has said that the decision by the US to impose new tariffs means many buyers are adopting a ‘wait-and-see’ approach.
Agri Politics
Minister Martin Heydon said he wants to "work through the strain" to get a trade agreement with the US "sooner rather than later".
The Irish Creamery Milk Suppliers' Association (ICMSA) has said that March base milk price must be in excess of 50c/L.
Bord Bia said the introduction of a 20% tariff on Irish food and drink exports to the US "presents a significant challenge for our industry".
Copa Cogeca has called for de-escalation in increasing trade tensions following new US tariffs, including an additional 20% levy on EU goods.
Irish dairy co-op Ornua has said that it "regrets" the US decision to impose additional tariffs on its Kerrygold butter.
The European Dairy Association (EDA) has condemned "sweeping tariffs" by the US administration on goods from the European Union.
The Irish Whiskey Association, the Ibec group for the sector, said that it "regrets" the announcement of US President Donald Trump on tariffs.
EU Commission President Ursula von der Leyen said tariffs announced by US President Donald Trump "is a major blow to the world economy".
ICMSA deputy president Eamon Carroll has said that pressures around succession will "ease" when prices for farmers corrects itself
