Kerry MEP warns Irish economy likely to lose out trade wise in wake of Trump victory

Sean Kelly MEP

The Irish economy is likely to lose out on a significant amount of international trade in the wake of Donald Trump’s victory.

That’s according to Kerry MEP Seán Kelly who says says the Transatlantic Trade and Investment Partnership talks have nowhere to go if Trump delivers on his campaign promises.

The Ireland South MEP says since the President-elect is in favour of increasing rather than reducing tariff barriers and lowering corporation tax in the USA, it’s difficult to see how TTIP (pron: tea-tip) negotiations can survive.

Speaking from Brussels, MEP Kelly said Ireland in particular, could lose out as a result: