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Hungary Slams Lopsided EU Deal Favouring US, Questions- Who Will Pay? | Watch

TOI.in / Jul 29, 2025, 10.33 AM IST

US President Donald Trump decisively dominated European Commission President Ursula von der Leyen during recent trade negotiations, resulting in a deal widely criticised as unfavorable to the European Union. The pact imposes a 15% tariff on EU exports to the US, while American goods will face no retaliatory tariffs inside Europe. Europe has committed to investing hundreds of billions in US industries, energy, and weapons purchases over the next three years, raising concerns about who will finance these obligations. Hungarian Prime Minister Viktor Orban and other EU officials denounced the deal as heavily lopsided and questioned the European Commission’s authority to sign such terms. French leaders also condemned the agreement, with calls for economic retaliation. Russian officials warned the pact will accelerate Europe’s deindustrialization. The deal has sparked debates about Europe’s strategic autonomy and the growing influence of US pressure in transatlantic relations.#TrumpVsEU #TradeDeal #EUUSRelations #TariffWar #OrbanCriticism #EuropeanUnion #EconomicPressure #Deindustrialization #VonDerLeyen #GlobalTrade

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