Ireland may lose tens of thousands of jobs if Donald Trump escalates a trade war with the EU, the Irish government has warned in response to fresh US accusations of tax abuses, reports The Guardian. Irish Finance Minister Paschal Donohoe told RTÉ that under the worst-case scenario,

Up to 80,000 jobs in Ireland are in jeopardy from President Trump’s threat of ‘significant’ tariffs on EU goods, Finance Minister Paschal Donohoe warned yesterday. The tariffs are expected early next month in spite of EU efforts to prevent them.

President Donald Trump has threatened to impose tariffs of 25% on US imports from countries that purchase oil from Venezuela. Trump described the move as a "secondary tariff" aimed at punishing the Latin American country "for numerous reasons",

President Donald Trump has announced that the 200% tariffs, which are supposed to go into effect on April 2, will no longer apply to certain items. It was reported that the tariffs would likely omit a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations.

Trump plans to announce reciprocal tariffs on April 2nd. These tariffs will target countries that have imposed tariffs and other long-term limitations on the US. Officials who are aware of the matter say this announcement on “Liberation Day” will be more specific than Trump’s overall global threats.

It’s Lord of the Flies out there,” said Tu Le of Sino Auto Insights, comparing multibillion-dollar businesses to children in the 1953 novel.