US Leading Export Market for Ireland; Intel Secures Major US Grants; Walmart Rolls Back DEI Policies

📆 26/11/2024 13:16:00
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Ireland's exports to the US amount to €54 billion, highlighting the country's economic reliance on this market and the potential risks associated with US trade policies. Intel receives a substantial federal grant to enhance semiconductor manufacturing in the US. Walmart cuts back on its diversity programs amid pressure from conservative groups.

US is Ireland's leading export market, valued at €54 billion, making it a significant economic partner for Ireland. However, this situation also highlights Ireland's vulnerability to potential changes in US trade policies, particularly in the light of president-elect Donald Trump's protectionist agenda. In other news, Intel has secured a deal for nearly $7.9 billion in federal grants to boost domestic semiconductor manufacturing, marking the largest direct subsidy from the Biden administration.

Additionally, Walmart has decided to roll back some of its diversity, equity, and inclusion (DEI) initiatives in response to pressure from conservative groups

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