The Anti-Coercion Instrument Could Cause Ireland A Lot Of Trouble.

Always read the small print.

The Parliamentary Budget Office published a new report yesterday titled 'Trade between Ireland and the US,' which examines the economic relationship between the two nations. The publication is a reference document for Members of the Houses of the Oireachtas (Irish Parliament) with key insights into the dynamics of US-Ireland trade, including trends, key sectors, and potential impacts on the Irish economy. It makes for grim reading in the event of a full-blown trade war. Nobody noticed the document being released yesterday because we were too busy watching the stock market crash.

Let’s talk about the most lopsided love affair since Romeo and Juliet—if Romeo was a tax-dodging multinational and Juliet was a small, rain-sodden island with a suspiciously good-looking GDP. Ireland and the U.S., are locked in a trade embrace so tight you’d need a crowbar to pry them apart. Last year, we sent €72.6 billion worth of goods across the pond—mostly drugs, because if there’s one thing Americans love…