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Page 28 - ஐரிஷ் ப்ரைம் அமைச்சர் மைக்கேல் மார்டின் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

No Deal tariffs would be ruinous for both the UK and Ireland

Irish Prime Minister Micheal Martin has warned No Deal tariffs would be ruinous for both the UK and Ireland with charges of up to 70 per cent on exports such as beef.  The Irish Fiscal Advisory Committee warned this week that the impact of No Deal could eliminate six per cent off the Irish economy - equivalent to an £18 billion hit.  No Deal could see tariffs of up to 70 per cent on Irish beef which would harm a farming and agriculture sector which makes up 40 per cent of Ireland s exports to the UK. Irish Prime Minister Micheal Martin (pictured) has warned No Deal tariffs would be ruinous for both the UK and Ireland with charges of up to 70 per cent on exports such as beef

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