The EU is preparing a list of potential tariffs on US services, as well as export controls, as part of its possible retaliation if trade talks with Washington fail, two officials briefed on the negotiations said. Such a move may big ramifications for Ireland given the number of US tech firms based here. Combine that with Donald Trump’s threat to put tariffs on pharmaceuticals, many of which are manufactured here, and the trade war is getting worse and worse for Ireland.

Staying with tariffs, Cliff Taylor assesses what the latest Trump moves are actually working for the US, while Martin Wolf outlines the absurdity of Donald Trump’s trade policy and outlines how he is already reshaping world trade.

Digicel, the Caribbean-based telecoms company founded by Denis O’Brien, has hired investment bankers at JP Morgan to help organise a potentially imminent refinancing of $2.3 billion (€2 billion), according to sources. Joe Brennan reports.