Ireland braced for impact from latest round of Trump tariff plans

US president Donald Trump during an executive order signing in the Oval Office of the White House in Washington on Thursday. The president signed a measure directing the US Trade Representative and Commerce secretary to propose new levies on a country-by-country basis. Photograph: Bloomberg Ireland is bracing for potentially significant tariffs on exports to the US after its president, Donald Trump, unveiled a new plan of reciprocal tariffs and suggested those on pharmaceuticals could follow in the months ahead. While EU tariffs on US imports are not particularly high, Mr Trump said he would take higher VAT charges in Europe…