Belfast Telegraph

Brokenshire upbeat over NI trade with Trump's US

By David Young, PA

Donald Trump's vow to heavily tax US companies moving operations abroad has not dented the Government's optimism about attracting fresh investment to Northern Ireland, the Secretary of State has said.

James Brokenshire said he remained positive about the potential for growing NI/US economic ties under a Trump White House.

The president-elect took to Twitter over the weekend to warn US companies they would be making an "expensive mistake" if they cost domestic jobs by relocating overseas. He suggested they would be subject to a 35% tax if they tried to sell products made abroad in the US.

Around 125 US companies operate in Northern Ireland, employing 24,000 people.

Mr Brokenshire, who is in New York to meet with business representatives, said: "The US president-elect said during the campaign on equally doing a trading deal with the United Kingdom too," he said.

"So I think we need to judge by the actions of the presidency."

He added: "We both benefit from this strong relationship."

Belfast Telegraph

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