John Davis
๐ค SpeakerAppearances Over Time
Podcast Appearances
So they see us as a supporter and an advocate in Brussels in terms of having sensible regulation, in terms of supporting the competitiveness of the European economy.
But I suppose probably the most important message we've been picking up in Washington over the last few months is they want certainty in a trade deal, right?
So we've had this whole dislocation.
We go back to Turnberry of last summer,
You know, we thought we were getting some certainty.
We knew with this administration, nothing was ever going to be fully certain.
But that framework gave us a degree of certainty.
And then obviously we had Supreme Court rulings, and then we had new tariffs yet again.
And for lots of our members, on average, actually, the tariff rate comes down, right?
You know, under the current situation versus the Turnberry framework.
But we don't have certainty.
So I think the interest for Ireland, for Brussels...
and for U.S.
business is to get back to that negotiated agreement for the European Parliament to advance the framework agreement and to make Turnberry Agreement, I suppose, as certain as we can have and let business get on with this.
Summer holidays of last year, David, Turnberry, I suppose, framework was the 15% tariff on a large proportion of products coming from the EU to the US, but not everything.
Not everything, as we know, in terms of our pharmaceuticals, in terms of our semiconductors, and then other exemptions and carve-outs.
But it gave us that certainty.
The European Parliament is still thinking about this and looking at it and ultimately will need to endorse that because we've had so many other moving parts in terms of the U.F.
tariff situation, particularly with Supreme Court ruling impacting on the tariff arrangements.
So the key message from business was,