'Ireland's GDP trends reflect global strategies of a handful of multinationals more than the actual state of the economy'
- Posted on July 4, 2026
- By Le Monde
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- 1 min read
'Ireland's GDP trends reflect global strategies of a handful of multinationals more than the actual state of the economy'
COLUMN. Due to the increase in tariffs imposed by Donald Trump, Ireland's GDP fell by 12% in the first quarter. But the situation is largely due to the Irish tax system’s circumvention of international trade rules.