The crisis crew in Hungary has met for the second time to analyze the economic consequences of US trade measures.
Hungarian Minister of National Economy Márton Nagy summoned on Monday because of import duties imposed by US President Donald Trump forum of commercial chamber negotiations (Gkef). According to the MTI, the crisis crew has met for the second time this year, reports TASR newsletter in Budapest.
The meeting was attended not only by the relevant associations and chambers, but also by large Hungarian companies to discuss the situation caused by Trump’s duties. Nagy said that this kind of common reasoning and dialogue contributes to the creation of a clear picture of the situation if the mapping of the economic consequences, so the negotiations will continue.
Hungary is against the European Union to impose retaliatory duties on some US goods, as this would mean an increase in prices, said the head of Hungarian diplomacy Péter Szijjártó at a press conference in Brussels after the EU Council negotiations on foreign trade matters.
“Instead, we need to negotiate a burden on the burden. In the current situation, there is no need to be harassed or retaliation, but it is necessary to strategic peace to avoid even more serious damage,” Mfor.hu.
