Orban’s Tariff Optimism Belies Hungary’s Trade Worry Over China
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Hungarian Prime Minister Viktor Orban played down the longer-term effects of the trade war on his country, saying a “tariff peace” is around the corner. That may well be wishful thinking for the European leader who’s bet big on China.
Speaking on state radio on Friday, the premier predicted that the tariff war that his ally President Donald Trump triggered, and which has shaken markets this week, would be over in “a month or two” once the US adjusts its duties around the world.