Mohan Sinha
09 Jul 2025, 18:57 GMT+10
DUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike a deal on tariffs ahead of the July 9 deadline.
He said both sides are still negotiating the "fine detail" of a future trade framework amid pressure from the Trump administration, which has threatened to raise tariffs significantly from the current 10 percent rate.
Speaking after a call with European Commission President Ursula von der Leyen, Martin said she had briefed him on the "most up-to-date situation" and that no proposals had been definitively rejected.
"We remain hopeful that the US and the EU can agree on an outline or principle-based agreement this week," Martin said. "There are still a number of issues to negotiate, but if we reach a framework, it will offer some clarity in the short term—even though further talks will be needed to settle outstanding matters."
He added that while a framework deal would be a step forward, it would not eliminate all uncertainty, particularly regarding long-term trade arrangements between the EU, US, and other global partners.
Martin supported the European Commission's approach, saying a deal would bring much-needed certainty to businesses, consumers, and industry.
Asked about the possibility of the 10 percent baseline tariff remaining in place, the Taoiseach acknowledged the likely impact on several sectors: "There are certain realities that will probably emerge from this and are already affecting different industries. But at least we'll have a clearer picture of the trade landscape going forward."
Get a daily dose of Mediterranean Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Mediterranean Times.
More InformationDUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
DUBLIN, Ireland: Despite extreme heat gripping much of mainland Europe, Irish holidaymakers are pressing ahead with their travel plans,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...