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Live Updates  >  Live Update Details

2025-07-28 19:58:12

[Hungarian Prime Minister: The new US-EU trade agreement allows Europe to invest in the United States, but the European Commission has no money] US President Trump said that the United States has reached a new trade agreement with the European Union, imposing a 15% tariff on EU goods exported to the United States. Von der Leyen said that the 15% tariff rate is the best result that the European Commission can achieve. In addition, tariff agreements in the three key areas of steel and aluminum, chips, and spirits are still pending. Trump said that the EU also promised to buy $750 billion of energy products from the United States and invest an additional $600 billion in the United States. In addition, the EU will purchase large amounts of US military equipment. In response, Hungarian Prime Minister Orban clearly criticized this in a podcast program. Orban believes that the EU-US agreement is worse than the UK-US agreement. Orban strongly doubted that the EU will invest in the United States and purchase military equipment and energy from the United States because the European Commission has neither funds nor troops. Orban's remarks clearly indicate that the US-EU trade agreement will eventually make EU member states pay for it. (CCTV News)

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