Chuala muid ó Donald Trump aréir go mbeidh sé ag cur taraifí i bhfeidhm ar fud an domhain. Is polasaí gan tuiscint é sin a ndéanfaidh earraí níos costasaí do mhuintir na Stát Aontaithe agus a mbeidh impleachtaí aige sa Stát seo agus ar fud na hEorpa fosta. Last night, we were subjected to US trade aggression. To add insult to injury, we had to watch the US play the victim. Trump talked about prying open markets and breaking down barriers. He wants unfettered access to every market, and the EU is front and centre in that agenda. What Trump calls reciprocal tariffs are no such thing. I watched him as he waved the US trade estimates report, a US document that clearly sets out that the average EU tariff is 5% on US goods. Fact and reality took a back seat last night when he went on to claim that the EU has tariffs of 39% on US products. What Trump did was an act of self-sabotage that will heap higher costs on US consumers. That is what tariffs do, especially blanket tariffs. We need to be careful not to step into the same space, risking jobs and higher prices for workers and families. We need to protect people struggling with a cost-of-living crisis from higher prices. Working people cannot be expected to pick up the tab from this mess that Trump has created.
This morning, I raised with the Minister for Finance the need for a very early assessment of the impact of these tariffs on particular sectors. That is what we need in order to make sure that the supports at State and EU level are in place. We need to see urgency in contingency planning, making sure supports for industries and workers are ready to go, if and when they are needed. We also need to actively look at how we de-risk the economy and mitigate the impact of these tariffs. The fact that pharma has not been hit with these tariffs buys us some time, but the reality is that we do not know how much time we have.
There are serious issues with regard to the all-Ireland economy now we have two different tariff rates on this small island of ours and, potentially, two different responses to those rates. I have been in contact with my party colleague the Minister for the Economy in Northern Ireland. I ask that those in government work hand in glove and in lock step with their counterparts in the Assembly. The first step in this regard would be to convene the North-South Ministerial Council without delay. I ask that this be done.
Yesterday, Deputy McDonald asked the Taoiseach to convene a meeting of the party leaders. I repeat that request and ask that such a meeting should take place without delay. We need to have a laser focus on things we can control. There are certain things we cannot control. We need to make sure our voice is heard in Europe. We also need to protect the all-Ireland economy and ramp up badly needed investment. We have been saying for years that we have allowed our competitiveness to slip. Businesses big and small have been telling us about the issues that are affecting us. We need investment in housing, infrastructure, energy, transport and childcare.
This is a time for cool heads. We need to take a breath and look at the reality of all options that are on the table. We also need clarity on the direction of travel of the Government. What position is the Government going to take at European Council meetings? Does it support counter-tariffs? The ESRI and the Department of Finance have told us that counter-tariffs will have a negative impact on jobs and will result in job losses and higher prices for Irish consumers. What is the Government's position on non-tariff measures? There has been speculation that tech could be in firing line. This would have a significant impact on Irish jobs. What contingency plans are in place? Is the Government looking at supports for particular sectors that will be impacted as a result of what has happened? Will it convene meetings of the various party leaders and of North-South Ministerial Council as soon as possible?