Former EU Commissioner: Irish pharma sector better prepare for damaging trade war if Trump elected

Phil Hogan, the former trade commissioner, warned the Irish multinational pharmaceutical industry to prepare for tariffs and an EU-US trade war under Trump

Donald Trump, the formert US Presidnet and likely Republican presidential candidate, would impose damaging tariffs, Phil Hogan has warned. Picture: Chip Somodevilla/Getty Images

The Irish pharmaceutical industry should prepare for a damaging trade war if Donald Trump, the former US President, is elected to office again later this year, a former EU trade commissioner has warned.

Phil Hogan, said he expected Trump, the likely Republican party candidate, to be the next US president and warned that pharma companies, in particular, needed to prepared for tariffs and an all-out EU-US trade war if he is.

Ireland’s pharma sector, which ...