US Edition
Trump Tariffs Could Impact Hungary Despite Strong Ties with Orbán
- Hungary's economy, which relies on exports, will be severely affected by Trump's tariffs, according to Péter Virovácz, chief analyst at ING Hungary, who stated that the tariffs would 'put the Hungarian economy in a very, very difficult situation.'
- The Hungarian government has admitted that these tariffs will be a challenge despite their strong ties with Trump's administration and their support of his 'patriotic' foreign policy.
- Prime Minister Orbán noted that while the tariffs 'will be a disadvantage,' Hungary is negotiating 'other economic agreements and issues that will offset them.'
- Political analyst Krekó warned that if Hungary cannot meet U.S. interests, it is unlikely to gain any concessions from Trump's administration, stating that they 'give practically nothing for free.
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32 Articles
32 Articles
Hungary's populist Prime Minister Viktor Orbán has been building a close political relationship with US President Donald Trump for years, was successful in gaining the trust of the conservative and nationalist wing of the Trump administration and aligning himself with his MAGA (Make America Great Again) movement, but Hungary is still on the way to being hit hard by Trump's tariffs directed against the EU.
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Total News Sources32
Leaning Left4Leaning Right5Center22Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
13%
C 71%
R 16%
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