RT.com
13 Feb 2025, 01:07 GMT+10
Brussels is unable to defend the bloc's interests in economic disputes with the US, the Hungarian prime minister has claimed
Hungarian Prime Minister Viktor Orban has criticized EU leaders for their passive approach to trade negotiations with the US, likening them to "cowardly rabbits." The scathing assessment comes amid a threat of US tariffs and an escalating trade row between Brussels and Washington.
Speaking at a press conference in Budapest on Wednesday alongside Alice Weidel of the Alternative for Germany (AfD) party, Orban expressed doubt about the ability of the current leadership in Brussels to effectively defend the bloc's interests in economic disputes with Washington.
"The problem is that leaders of the European Union and the EU institutions are sitting like cowardly rabbits," said Orban, adding that existing EU institutions "cannot be taken seriously" and are unable to put forward "serious offers" in trade negotiations with Washington. He went on to suggest that the EU's two largest economies, Germany and France, should take the initiative.
"There's no mercy for the weak," warned Orban, urging the EU to proactively present its own proposals to Washington regarding import tariffs.
US President Donald Trump stated on Monday that he would impose 25% duties on all steel and aluminum brought into the US, without exceptions or exemptions, effective next month. According to the latest data, EU steel exports to the US have averaged around 3 billion ($3.10 billion) a year over the past decade.
European Commission President Ursula von der Leyen stated on Tuesday that the tariffs would not go unanswered," and would "trigger firm and proportionate countermeasures" from the bloc.
Additionally, Trump has proposed implementing "reciprocal tariffs" that would match the duties that other countries impose on American exports. In December, Trump warned Brussels that if it did not increase its purchases of American oil and gas, he would impose additional levies on goods from the EU.
READ MORE: Hungary moves to expose USAID funding
The trade row between Washington and Brussels began in 2018 when Trump imposed tariffs on European steel and aluminum over national security concerns, prompting retaliation from the EU. The two sides exchanged tariffs on goods worth over $10 billion. In 2021, the EU and US agreed on the removal of the latter's tariffs on aluminum and steel for specific quantities of aluminum and steel that were entirely manufactured within the EU, while the two sides pursued a longer-term trade agreement.
Get a daily dose of Africa Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Africa Leader.
More InformationNEW YORK CITY, New York: At least three and possibly up to 15 birds have died from bird flu at two New York City zoos, according to...
SALT LAKE CITY, Utah: The Utah Legislature has passed a bill that bans collective bargaining for teachers, firefighters, police officers,...
ATLANTA, Georgia: A Fulton County judge has ruled in favor of Sandersville Railroad, allowing the company to seize private land through...
CONCORD, New Hampshire: Tim Andrews, a 66-year-old from New Hampshire, spent months getting in shape for a chance to receive a pig...
OMAHA, Nebraska: A major computer outage shut down state government services in Nebraska for several hours this week. The issue affected...
WASHINGTON, D.C.: IRS employees involved in the 2025 tax season will have to wait until after May 15 to accept the Trump administration's...
PLANO, Texas: Toyota is recalling 106,061 trucks in the U.S. because of a brake fluid leak that could make it harder to stop and increase...
NEW YORK, New York - U.S. stock markets mostly crumbled Wednesday after January's CPI reading came in at 0.50 percent for the month,...
SACRAMENTO, California: California's electric vehicle (EV) sales have hit a plateau, raising concerns about whether the state can meet...
WASHINGTON, D.C.: This week, President Donald Trump encouraged Japan to invest in U.S. energy and technology. He praised Japan as...
NEW YORK, New York - Industrial stocks advanced on Tuesday while the tech sector took a back seat. Coca Cola rose almost 4 percent...
STOCKHOLM, Sweden: Volvo Cars (VOLCARb.ST) cautioned that 2025 will be a challenging and highly competitive year, with weaker sales...