'Nobody wants a trade war; it would be shocking. It's totally unnecessary.' Irish Taoiseach Micheál Martin tells faisalislam there's no threat of a trade war with the UK Newsnight
When asked at the World Economic Forum in Davos whether the EU was drawing up plans to apply tariffs to politically sensitive UK exports, Mr Martin declined to "get into the detail of anything like that, because hopefully, that's something we don't ever have to contemplate".
When asked why at this time of rising inflation the EU was pondering such a move, the Irish prime minister said it was only the UK making threats. At the World Economic Forum some of the world's biggest multinational companies have told the BBC they are already seeking reassurances over the possibility of a trade war between the UK and the EU.
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