Trump says Ireland took advantage of the US, but his bigger beef is with EU

MT HANNACH
5 Min Read
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President Donald Trump accused Wednesday Ireland tax system To attract American pharmaceutical companies, take income and jobs from the United States because of its low corporate tax rate.

“Ireland was very intelligent. They removed our pharmaceutical societies from presidents who did not know what they were doing, and it is a shame that it happened,” said Trump when he was sitting next to Irish Taoiseach Micheál Martin.

Trump said this decision would never have arrived if was president.

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Trump meets the first Irishman Micheal Martin

Irish Taoiseach Micheál Martin, on the left, and President Donald Trump speak to journalists before meetings of the White House Oval Office in Washington, DC on Wednesday. (Chip Somodevilla / Getty Images / Getty Images)

American pharmaceutical companies began to migrate to Ireland in the early 2000s after American production Culminated in 2006 Before the global financial crisis.

“When pharmaceutical companies have started going to Ireland, I would have said it was ok, if you want to go to Ireland. I think it’s great. But if you want to sell something in the United States, I’m going to put a 200% price so that you can never sell anything in the United States,” said Trump. “You know what they would have done? They would have stayed here.”

The EU retaliates against Trump’s prices by targeting $ 28 billion in American products, including potentially meats, tools

“I have great respect for Ireland and what they did. And they should have done exactly what they did, but the United States should not have been able to happen,” he added.

In 2024, Ireland exported 72.6 billion euros in goods, which represents just over $ 79 billion in the United States, Increase reported Out of around 20 billion dollars compared to 2023, according to the Ireland central statistics office.

Trump confirmed his conviction that Ireland “benefits” from the United States, but he said that his biggest ox was with the European Union.

The president of the European Commission Ursula von der Leyen

The president of the European Commission Ursula von der Leyen made gestures as she addresses a closing press conference at the end of an EU summit in Brussels on October 17, 2024. (Getty Images / Getty Images)

On Wednesday, the EU slapped 25% of reprisals on the United States in steel and aluminum in response to the prices that Trump imposed last week.

“The European Union is treating us very badly, and they have had it for years,” Trump told journalists, saying that the prices have created “a bad will”.

Trump said he was planning to “answer” EU prices and suggested that he could take similar measures that he threatened to take from Canada when the Ontario government said it would pass electricity price increases American customers.

The threat of Ontario, which she published after the first price round of 25% of Trump, was reversed after Trump said that he would double the American prices on 50% aluminum and aluminum imports.

Canada Electric Towers

Transmission towers that transport high -voltage electricity to Windsor, Ontario. (Images Bill Pugliano / Getty / Getty Images)

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“We have been mistreated for a long time and we will no longer be mistreated,” said Trump about Washington’s relationship with the EU.

“The European Union is treating us very badly and they have had it for years,” he added. “They continue our businesses and earn massive sums.”

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