Global Trade War: U.S. Faces Major Blow, Ireland Also at Risk

A global trade war could severely impact the U.S., with exports possibly falling by over 43%. This would damage supply chains and weaken American industries like technology, automobiles, and consumer goods.

Ireland might benefit at first if the conflict stays within North America. However, if it expands to Europe, Ireland’s exports could drop by 6.6% and imports by 13%, due to its limited trade diversification compared to larger economies like Germany or France.