Michael Lohan

Bloomberg Audio Studios Podcasts, radio, news.

Good morning Stephen, yes I think the last 48 hours have certainly brought another level of uncertainty for global trade and for international companies.

Just last week actually I was in the US on the west coast and it's quite clear from an enterprise perspective what they look for is they need global markets, they need global presence and global workforce

And that's what they want to do.

And of course, when you have maybe some potential changes in terms of tariffs, that can be disruptive.

And we've seen that last year.

The first half of last year was quite difficult from an FDI flow perspective.

And obviously, decision making became quite delayed during that period.

So hopefully, we will see some dialogue over the coming days that can maybe bring more clarity and direction in the future.

Well, I think the dynamics has probably shifted from I came out of the US and from even on Thursday night to this morning.

And so last year, as we know that there was delays in the first half of the year in terms of decision making, that actually moved.

I think companies found paths and again, decisions have to be made in order to support innovation, in order to serve markets.

And so I think in some ways it's almost a deja vu back to where we were last April.

But I do believe that the resilience of the enterprise base will continue to see their path through because we have, and I think enterprise, have seen the means in which you need to respond in terms of global investment and global flows.

And I think that will continue.

It's just that it brings another level of complication and complexity within their business.

Well, I actually think it would be damaging for the global economy.

I think beyond Ireland, of course, certainly it would be an impact in all of our economies across the continent of Europe.

Because remember, we have European companies serving global markets.

We have US companies serving global markets, including the European markets.