US Ambassador: ‘Uncertainty’ is a Political Word, Irish CEOs Focused on Solutions
US Ambassador to Ireland Edward Walsh expressed frustration with the focus on economic “uncertainty,” telling business leaders at the American Chamber of Commerce Ireland’s (AmCham) Global Business Conference that he found the term “annoying” and largely a “political word.” Walsh’s remarks came amidst ongoing volatility stemming from recent shifts in US tariff policy, including a Supreme Court decision striking down tariffs announced by former President Donald Trump and the subsequent White House move to reimpose new levies.
Speaking to an audience of Irish and US executives, Walsh asserted that leading CEOs are not preoccupied with short-term economic fluctuations. “If you listen to the main CEOs, they don’t use that word, they’re always looking forward,” he said, adding that they generally “don’t pay attention to the little noise that’s going on.” He characterized concerns about uncertainty as more reflective of political discourse than the practical approach of business leaders focused on problem-solving.
The Ambassador’s comments followed a week of confusion surrounding US trade policy. The Supreme Court’s initial decision to invalidate Trump-era tariffs prompted the White House to pursue new tariffs, raising questions about the refunding of previously paid duties. This situation has created a degree of instability for US multinationals operating in Ireland, which collectively employ 245,000 people, according to AmCham.
Despite these challenges, Walsh emphasized the strength of the Ireland-US business relationship, stating that continuing this partnership was his “number one” priority. He highlighted Ireland’s unique position as a bridge between the US and the European Union, noting its ability to “leverage all of that and really become whatever you want.” He expressed optimism about Ireland’s current economic trajectory, suggesting it was “not sure there is a better time in Ireland’s history” for businesses.
AmCham data indicates a generally positive view of Ireland as an investment location among US companies. A recent survey found that nine in ten US multinational companies operating in Ireland view the country favorably, and 95% would choose Ireland again for a first European investment. However, the survey also identified potential risks, with tariffs ranking as the fourth greatest concern for foreign direct investment over the next five years, following the availability of skilled talent, housing, and changes to global tax policy or trade agreements.
Edward S. Walsh assumed the role of US Ambassador to Ireland in July 2025, having previously served as the founder and president of the Walsh Company, a New Jersey-based construction and real estate firm. He also held a position as chairman of the New Jersey Schools Development Authority from 2010 to 2018. Ireland is currently the sixth-largest investor in the US, with Irish companies employing 203,000 people across all 50 states.
The Ambassador spoke at the AmCham 2026 Global Business Conference, where he also acknowledged challenges related to housing and energy, but noted these were not unique to Ireland. He is scheduled to participate in St. Patrick’s Day events, further emphasizing the ongoing importance of the US-Ireland relationship.