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business10h ago
Trump takes $389B gamble on Ireland
- The US‑Ireland deal totals about $6.1 billion, led by a $5 billion pledge from Smurfit Westrock.
- Glanbia and Kingspan are also contributing to the investment in the US economy.
- Enterprise Ireland says Irish firms are reciprocal, creating over 110,000 US jobs.
- The report links the deal to broader trade tensions, including new tariffs and lawsuits.
- Enterprise Ireland aims to diversify markets to reduce over‑exposure to a single nation.
- Irish officials frame the partnership as mutually beneficial, not one‑sided.
- The initiative highlights Ireland’s role as a top global investor in the U.S.
- Officials emphasize the focus on job creation and data center expansion.
- The report notes the political context of U.S. tariffs and legal actions.
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