Following months of speculation and negotiations, the European Union has finally struck a trade agreement with the US which will see both sides settle for a 15pc baseline tariff rate on EU imports to the US. Although an out-and-out trade war appears to have been averted, the agreement is being described in certain quarters as a “capitulation” by the world’s largest trading bloc. 

Today on The Indo Daily, Fionnán Sheahan is joined by Dónal O’Donovan, Group Business Editor with the Irish Independent – to break down the finer details of the deal, and to find out what implications it will have for Ireland’s economy.