More clarification is needed on the 15 per cent tariffs set to take effect between the US and the EU this Friday.
Member of the European Parliament (MEP) for Ireland South, Kilcummin native Seán Kelly says further details are needed on which sectors of the economy will be affected.
It's still unclear whether pharmaceutical products are included in the tariff rate.
However, MEP Kelly suspects the impact won't be as severe as initially feared, due to the recent decline in the value of the US dollar: