Hungary hails great meeting between US, China
Hungary favors a global economy based on rules, common sense, and mutual respect rather than rival blocs. The US and China are Hungary’s most important non-EU trade and investment partners.
US exports to Hungary reached $279 million in July 2025, up 6.15% from the previous year. Hungary has received 44% of China’s European investments over the past year.
The US will ease tariffs on Chinese goods, cutting fentanyl-related tariffs from 20% to 10% and reducing overall US tariffs on China from 57% to 47%. China agreed to resume US soybean purchases and lift rare earth export restrictions.
Stronger US-China cooperation is expected to support Hungary’s growth and global economic stability.
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