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Irish deputy PM warns US-EU tariff dispute could halve drug exports, threatening 45,000 jobs.
Ireland's deputy prime minister, Simon Harris, warns that pharmaceutical exports to the US could be cut by half if a 20% tariff is imposed by the US and reciprocated by the EU.
This could significantly affect the 45,000 jobs in the Irish pharmaceutical sector and the €58 billion in annual exports to the US.
The trade relationship between the EU and US is valued at €1.6 trillion annually.
Harris calls for a calm, strategic response and negotiation to avoid worst-case scenarios.
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