Story perspectives
US Tariffs Threaten £85M Loss and 800 Jobs in Northern Ireland
6/7/2025
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Story summary
- A 10% US tariff on UK goods may result in £85 million loss and 800 job cuts in Northern Ireland over 15 years.
- A 20% tariff on pharmaceuticals could decrease economic output by £110 million.
- The pharmaceutical sector is particularly at risk, with nearly 50% of exports directed to the US.
- Tariffs remain central to Trump's economic strategy, despite facing legal hurdles.
