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Hungary's Orban expects business deal with US in six months

BUDAPEST (Reuters) -Hungary expects to sign a business deal with the U.S. in six months that could help to offset the likely impact of tariffs imposed by President Donald Trump, Hungarian Prime Minister Viktor Orban told website www.ot.hu late on Thursday. European Union member Hungary's car industry is a key driver of its economy but faces a potential hit from U.S. tariffs while the country contends with a slower than expected economic recovery and tries to curb inflation ahead of 2026 elections. U.S. President Donald Trump and Italian Prime Minister Giorgia Meloni each expressed confidence on Thursday that the United States and Europe would be able to negotiate a trade deal before the end of his 90-day pause on some tariffs.

BUDAPEST (Reuters) -Hungary expects to sign a business deal with the U.S. in six months that could help to offset the likely impact of tariffs imposed by President Donald Trump, Hungarian Prime Minister Viktor Orban told website www.

ot.hu late on Thursday. European Union member Hungary's car industry is a key driver of its economy but faces a potential hit from U.

S. tariffs while the country contends with a slower than expected economic recovery and tries to curb inflation ahead of 2026 elections. U.

S. President Donald Trump and Italian Prime Minister Giorgia Meloni each expressed confidence on Thursday that the United States and Europe would be able to negotiate a trade deal before the end of his 90-day pause on some tariffs..