Trump will not be ‘meteor’ blow to Irish economy, says employers’ group
by Lisa O'Carroll in Dublin from on (#6TWDH)
Businesses should avoid panic amid fears US will attempt to repatriate jobs and taxes, says Danny McCoy
Donald Trump will not be a knockout meteor" to Ireland's economy despite its heavy reliance on US multinationals, the head of the country's business trade organisation has said.
While the US president told world leaders gathered at Davos last week that Europe treats us very, very unfairly" there is a heightened sense of nervousness in Ireland that this could translate to an attempt to repatriate jobs and taxes from the 950 US companies there.
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