Cabinet to be briefed on Trump's tariff threat and Irish focus on avoiding 'full blown' trade war

A trader works on the floor of the New York Stock Exchange. US stocks extended declines on Monday as Donald Trump’s latest salvo of tariff threats for Europe and Mexico kept investors on edge. Photograph: Michael Nagle/Bloomberg Ministers will be briefed on Tuesday on US president Donald Trump's threat to impose 30 per cent tariffs on goods from the European Union and how Ireland's focus is to avoid a "full-blown trade war". The Cabinet will also be updated on plans for large-scale annual trade missions to key countries as Ireland seeks to diversify markets amid the uncertainty over trade with…