The joint agreed statement between the EU and US on the recent trade deal agreed in Scotland has been published.   

In particular, it seems to give Ireland a firm commitment to cap pharma tariffs at 15 per cent, while some parts of the sector may be excluded altogether.   But is it being greeted with joy?  Relief?  Or maybe some are still disgruntled? 

Cormac Lucey is an Economic Commentator with The Sunday Times.  He joins me now, as does IBEC’s Executive Director of lobbying and influence, Fergal O’Brien.