The US pharmaceutical industry’s love affair with Ireland has been blooming for over half a century but if Donald Trump has his way, that beautiful friendship could end in tears.
Key Takeaways
- Trump wants drugmakers to bring manufacturing back to the US, especially from Ireland
- The Irish government is confident about the sector’s long-term future on the island
The sector got an initial reprieve when the US president exempted pharmaceuticals in his announcement last week of widespread double-digit tariffs on most goods imported to the country. However, Trump told attendees at an event at the National Republican Congressional Committee on 8 April that “we’re going to be announcing very shortly
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