Irish Finance Minister Paschal Donohoe discusses President Donald Trump’s tariffs on the European Union and why it’s important to react in a "proportionate and strategic way." He also comments on efforts to boost trade ties outside the US, saying "we have to assess the trading relationships that we have elsewhere." Donohoe, who leads the meetings of euro-area finance chiefs, talks with Bloomberg’s Oliver Crook in Warsaw.
00:00 EU’s proportionate, strategic response to Trump tariffs
01:27 Von der Leyen’s proposal on taxing digital services
02:35 Negotiations with the US to avoid damaging trade dispute
04:14 Impact of tariffs on European economy, inflation, markets
07:08 Joint EU debt; impact of pharma tariffs on Ireland
08:56 Assessing trade relationships across globe, including China
——–
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