I thank the Deputy for raising this issue. Like all colleagues, I very much welcome the announcement by President Trump during his recent visit to Ireland regarding the elimination of US tariffs on Irish whiskey. As the Deputy said, this is a hugely important market for us. The US market, in particular, is a very strategic market for Irish whiskey.
Irish whiskey exports to the US in 2025 were worth €362 million, according to Eurostat data. This represents approximately 39% of overall whiskey exports, which is a huge amount when looked at on that scale. The elimination of the 10% tariff on whiskey will also amount to a saving of approximately €36 million for US importers of Irish whiskey. Again, that highlights the fact that tariffs do not benefit anybody. On the US side, there will be a saving of approximately €36 million. Given that it is such an important market for us, we want to keep those numbers high.
My officials continue to actively follow up on the technical implementation. Our team and embassy in Washington are in close contact with the Office of the United States Trade Representative on this. It usually takes time before adjustments can be made, but we are hopeful that we will see these brought in as soon as possible. While I cannot give a specific date, we are actively working and engaging on the matter.
The exemption from tariffs on whiskey shows a welcome for European spirits exported to the US. We want to continue to call for zero tariffs for all whiskey exports, not just for those of Ireland. This is in both of our interests. It remains a priority for the Irish Presidency, the European Commission and EU member states. We also want to see the full implementation of the EU–US joint statement and the extension of exemptions to other areas.
The last couple of months, in particular, have allowed us to get to a point where the relationship has stabilised. Last year was particularly turbulent but, with the Turnberry agreement and the recent ratification by the European Parliament, we are now in a position where the relationship is stabilising in a way that assists in getting us back to where we need to be, even though we might not like the legal direction or the positions that have been taken by the US.
Importantly, through the EU Presidency, my ambition as Minister for trade is to see what more we can do and what other industries we can support. Specifically for the whiskey industry, it was important that we achieved this given the all-island nature of it. Many people contributed to it.