Trade deficit drops to €3.2bn as effect of Trump tariffs begins to be felt around the world

US president Donald Trump announcing his tariffs schedule at the White House last April. Photo: Getty
Ireland’s trade deficit with the United States shrank dramatically in October due to a steep decline in exports, new figures from the US Commerce Department show.
The value of exports from Ireland fell from $19.9bn (€17.08bn) in September to $4.9bn in October, down $15bn.