Irish prime minister says "tariffs are damaging" amid Trump trade standoff
CBSN
Washington — Irish Taoiseach Micheál Martin said he hopes dialogue can resolve the trade war between the U.S. and the European Union after President Trump Thursday threatened to impose 200% retaliatory tariffs on European wines and alcohols.
The tariffs were a response to the European Union's counter-tariffs against Mr. Trump's initial steel and aluminum hikes.
"I think it's a lot of uncertainty at the moment," Martin said in an interview with CBS News on Thursday. "Overall, tariffs are damaging to trade, damaging to businesses, but also damaging to consumers, because they will lead to an increase in prices for consumers. I don't think that's good, either way. So, we would hope that in the fullness of time that these things will settle down and that there would be negotiation, trade negotiations, to arrive at a landing zone that people can cope with and can accommodate."
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