The new trade deal with the United States is the best the EU could get, according to one of its chief negotiators.
EU Trade Commissioner Maros Sefcovic, says people need to weigh the deal against the trade war which would have erupted if there hadn't been an agreement.
There has been mixed reaction to the trade deal with the Hungarian Prime Minister, Viktor Orban, who is notably Eurosceptic, saying Donald Trump ate Ursula von der Leyen for lunch.
There are major concessions to the US - including the 15 per cent tariffs on EU goods entering America and an agreement to buy hundreds of billions of euro worth of armaments and energy from the United States.
The Government says it regrets the imposition of tariffs but has welcomed the 0% carve out for aviation, and says pharma tariffs will also be capped at 15 per cent.
Butler Manufacturing Services in Longford is among the local businesses that will be affected by the tariffs.
Managing director Seamus Butler thinks their exports to the US will reduce as a result: