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Mounting global trade tensions are causing deep concern across the Dublin business community, with over 80% of companies bracing for fallout from ongoing international disputes, according to the latest Q2 Business Outlook Report from Dublin Chamber.
The survey reveals that 81% of Dublin-based firms expect to be affected by deteriorating global trade relations, a sharp indicator of how interconnected Irish business has become with international markets.
Of these, nearly half (47%) foresee moderate disruption, while 13% are already preparing for severe consequences to their operations.
One key area of concern highlighted in the report is the recent shift in U.S. trade policy, particularly new tariffs and trade restrictions that are sending shockwaves through supply chains—even for businesses without direct exposure.
While 45% of companies report no immediate ties to U.S. tariffs, 29% say they are already feeling indirect pressure through clients and suppliers.
Looking ahead, 37% of firms believe they remain vulnerable to further changes in U.S. trade decisions.
“This is not just theoretical,” said Dublin Chamber CEO Mary Rose Burke.
“Global uncertainty and protectionist policies are having real-world consequences for Irish businesses.
Even those without direct links to affected regions are being hit—through suppliers, clients, and cross-border partners.”
Burke emphasized the need for Irish businesses to proactively manage the risks. “With trade tensions showing no signs of easing, it’s vital that Irish companies get support in strengthening their supply chains and exploring new markets.
Equally, Ireland must continue to champion open, rules-based global trade both within the EU and internationally.”
The findings underscore how vulnerable Irish firms are to international shifts—even from policies and markets thousands of miles away.
As global dynamics evolve rapidly, Dublin Chamber is calling for stronger support systems to help local businesses adapt, diversify, and remain competitive on the world stage.
Key findings at a glance:
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81% of Dublin businesses expect disruption from global trade tensions
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47% anticipate moderate impacts; 13% foresee severe effects
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29% already feeling indirect pressure from U.S. tariff changes
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37% expect to remain vulnerable to future U.S. policy shifts
With Dublin’s economy heavily dependent on international trade, the Chamber warns that ongoing global uncertainty could hinder investment, disrupt supply chains, and impact employment if businesses are not given the tools to respond.
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