Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'
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Through gritted teeth Ireland agreed to raise its long held Corporation Tax rate from 12.5% to 15% for large companies as part of the agreed OECD tax rules. But Donald Trump has now removed the US from that scheme entirely, placing its global implementation. On top of that he’s now talking about punishing countries that charge American companies higher tax rates as well as creating an External Revenue Service. It all points to a major upheaval in how companies and governments will operate going forward and puts pressure on the EU especially because Trump believes that that Europe is treating America ‘very badly’. Speaking to Joe this morning was Andy Bounds Brussels Correspondent with the Financial Times.