RTE Business

The total European Union response to US President Donald Trump's tariffs could amount to duties on US goods worth €400 billion, RTÉ News understands.

US President Donald Trump has warned foreign governments they would have to pay "a lot of money" to lift sweeping tariffs, characterising the duties as "medicine" and triggering further carnage across global financial markets.

How to respond to an unpredictable administration? That will surely be the question on the minds of EU trade ministers when they meet in Luxembourg tomorrow.

Minister for Finance Paschal Donohoe said he is not currently considering a wage subsidy scheme for sectors that may see business losses due to the US tariffs on EU goods.

Minister for Media Patrick O'Donovan has expressed his opposition to proposals for a levy on streaming services like Netflix, saying that people would be priced out of being able to purchase entertainment services.

The US tariff plan is like Brexit, willing to accept damage to itself in order to make a point, writes Sean Whelan.

Over the coming weeks, British Prime Minister Keir Starmer's government will take a twin-track approach, trying to strike a trade deal with the US administration, while also continuing its efforts to reset relations with the EU, writes RTÉ's London Correspondent Tommy Meskill.

A standard 454g packet of Kerrygold could end up costing $11.45 (€10.42) on American supermarket shelves because of planned 20% tariffs, reports Agriculture Correspondent Aengus Cox.

On Monday, the Datavant company held an event at Galway's Portershed to announce the establishment of a global Research and Development hub in the city.

A scheme to help businesses affected by US tariffs cannot be "one-size-fits-all", Minister of State Timmy Dooley has said.

The boss of a manufacturing company in Co Tyrone that has 25 high-value machines already en route to the United States has said he is waiting to see how the new tariffs are applied when they arrive and is anticipating "huge levels of chaos" around US ports.

"Time is of the essence" to find a resolution to US tariffs on European Union goods, the Director of the Irish Whiskey Association has warned.

US agricultural exports, fuels and manufactured goods are set to take a hit from China's blanket retaliation against President Donald Trump's sharp tariffs, with both sets of measures due to take effect next week.

US President Donald Trump called 2 April 'Liberation Day', others refer to it as 'Tax Day' and for Manfred Weber, President of the EPP the largest party in the European Parliament, he described it as 'Resentment Day', writes Gail Conway.

A Trinity College administrator who won an unfair dismissal claim has been denied an award for loss of earnings because she turned down a "much better paid" job offer while she was out of work.

A financial advisor who lost around €2 million of property investors' funds in unauthorised stock market transactions has been jailed for six years.

The entertainment firm owned by Joanne McNally has recorded post tax profits of €674,823.

Sales of best-selling books by Irish authors, Paul Murray, Colm Tóibín and Marian Keyes and rising Dublin airport passenger numbers helped pre-tax profits at the Irish arm of book-seller, WH Smith last year increase by 40% to €6.62 million.

Canada in March marked the first drop in employment in three years, the national statistical agency said today, as uncertainty over US tariffs led businesses to cut staffing and stall hiring.

Hiring in the US was stronger than expected in March, US government data showed today, even as uncertainty brewed over the wider effects of President Donald Trump's tariffs and other policies.