Yes, priority questions cannot be grouped.
Sentiment score: 0.40
2. Deputy Cian O'Callaghan asked the Minister for Finance the mitigation measures his Department will implement given the recent ESRI working paper on the impact of deglobalisation and protectionism; and if he will make a statement on the matter. [16440/25]
Sentiment score: 0.01
Given the very serious announcements last night, what mitigation measures are going to be put in place?
Sentiment score: -0.15
I agree that the priority must be to minimise the damage. A major amount of work will have to be done on that. In respect of support measures for impacted workers and sectors, will anything be done domestically? Will anything be done at EU level? I previously suggested that the European Globalisation Adjustment Fund should be repurposed to support specific sectors during this crisis. In the context of the differential in tariffs between the UK and the EU, of 10% and 20%, respectively, has modelling been done on the potential impacts of this and on the issues that could arise in terms of the effect on cross-Border trade? Is that a particular risk that Ireland faces? What are the Minister's views on that? What can be done about it?
Sentiment score: 0.01
With regard to the EU response, I agree that it needs to be level-headed, and that negotiation is the way to go. I also accept as part of that there is the potential for further actions by the EU. It is not realistic to think that that will not be on the table if negotiations do not work. There is a particular risk for Ireland in terms of the differential trade tariffs between the EU and the UK. We could have a scenario where the EU is taking retaliatory action and the UK is not, which could make that gap even more severe. Is that particular issue being worked on in terms of our interactions with the EU and how that could affect Ireland more than other EU member states?
Sentiment score: 0.01