The US and the European Union are closing in on a trade deal, reports suggest, centred on a tariff of 15 per cent to apply on EU imports into the US market.
Given that this news emerged only hours after other reports that the talks were in trouble and the EU was preparing more powerful retaliation, we need to be careful.
There still seems to be some way to go in these talks. This could be an emerging deal. Or it could all look very different in a few days’ time – or even a few hours’ time.
But what would a deal like this mean for Ireland?
Cliff Taylor from The Irish Times joined us on The Agenda this morning to tell us.
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