The Finance Minister says Europe should make the best case for how the trade deal with the United States is mutually beneficial.
It comes after US President Donald Trump announced he intends to introduce 'reciprocal' tariffs against countries which have taxes against American exports - such as VAT.
In particular, he took aim at the European Union, saying it was 'absolutely brutal' to the US for trade.
Finance Minister Paschal Donohoe says the EU needs to make a case for mutually beneficial trade,
"We will have to make the case for saying that it can be in the long term interests of American companies and international companies to have manufacturing presences that are outside of America. But I would say if you look at Irish companies investing into America. We invest and have created and have supported the retention of over 100,000 jobs".