Ryanair shares down 1.6pc amid Trump tariff turmoil

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Donald Trump
Donald Trump

Ryanair shares are down 1.6pc following the breakdown in negotiations between the EU and the USA. The failure of talks has raised concerns regarding tariffs affecting Ryanair’s substantial order of 300 aircraft.

Michael O’Leary recently shared: “it’ll cost Boeing more. They’ll be paying the tariffs. But you won’t it will be very disruptive. We would hope that Maroš Šefčovič and the European Commission will reach a deal with the Americans and that there won’t be tariffs. We will be taking Boeing aircraft right out to 2034, which gives us enough traffic growth here and to grow from 200m to 300m passengers.”

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