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US-EU trade war could cost Ireland more than €18bn, says report

Report co-authored by Irish government also finds tariffs could cause job losses and relocation of US multinationalsBusiness live – latest updatesA trade war between the US and the EU could cost Ireland more than €18bn (15bn), trigger waves of job losses and cause US multinationals to relocate, according to a report co-authored by the Irish government.Ireland’s GDP could shrink by 3.7% over the next five to seven years under the worst-case scenario, in which Donald Trump imposed 25% tariffs on all exports on the EU and the EU retaliated with counter-tariffs, the study carried by the Economic and Social Research Institute (ESRI) found. Continue reading...
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Kazakhstan's Astana hub fuels tech start-ups and export boom

In this episode of East-West Connect, we explore Kazakhstan's tech boom at the Astana hub, highlighting AI startups like Arlan Biotech and Autism …
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Big pharma faces headwinds in China as vaccine sales decline

Multinational companies in China’s vaccine market face headwinds amid an anti-corruption crackdown and rising competition.
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