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Business Today |
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Tuesday, 24 February, 2026 | | |
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Editor's Note |
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Good morning, reader |
As he likes, Donald Trump is once again setting the agenda, leaving the rest of the world to scramble as they figure out the practical effect of his latest tariff broadside, after previous levies imposed under executive order were ruled unconstitutional by the US supreme court. The EU has delayed ratifying a trade deal with the US until the implications of the US president’s latest erratic policy shift become clear and UK authorities warned retaliation was an option if the US reneged on its agreements.
Cliff Taylor sets out what we know and what we still need to find out about the latest twist in the US tariffs drama as markets predictably reacted poorly to the uncertainty.
Elsewhere, new figures from Banking and Payments Federation Ireland show that January was a grim month for mortgage markets with first-time buyer approvals at a two-year-plus low and those moving homes getting the green light on the lowest number of loans on record outside a short three-month period when the world went into lockdown as Covid pandemic hit. Hugh Dooley has the figures.
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Dominic Coyle |
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