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PM Orbán: tariff war will soon become a “tariff peace” benefiting Hungary
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The current tariff war is a “tactical matter” and will end within months, Prime Minister Viktor Orbán said in an interview to public radio on Friday.
Orbán talks about tariff peace
Orbán noted that US President Donald Trump had pledged before the election to reshape global trade and better position America in relation to its trading partners. He said the US would reach agreements with everyone on an individual basis, resulting in a new balance, adding that the process would take “1-2 months”. He said the tariff war would soon become a “tariff peace” that would benefit Hungary.
Orbán said the tariff war was “well below” the significance of the war in Ukraine and its potential EU membership, which would be on the agenda “for many years” and could “ruin” Hungary. The tariff war should be “left to the experts”, he said, “while our attention and energy ought to be directed to Ukraine’s EU membership.”
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High inflation due to war
“We are in a period of high inflation”, mostly due to the war between Russia and Ukraine, Orbán said. Peace, he added, was the best way to ensure that the inflation rate became sustainable in the long term. “The only task” of the European Union, he said, was to support the US president’s peace efforts, adding that prices skyrocketed when war preparations started and the war broke out.
“We must take steps against inflation while we’re waiting for peace,” Orbán said. The government introduced price caps at the start of the war, “which were successful”, and they are regulating price gaps at present, he said. The government is also looking at ways to “use the same method” in respect of other retail products, he added.
Success with telcos
Orbán said successful talks had been conducted with telecommunications companies who have agreed to hold off from fee increases until next July and restore them to the level at the start of this year.
He added that an agreement with banks was also nearing completion. Banking fees will not be allowed to increase even if they cite inflation in the upcoming period, he said, noting a similar agreement recently sought with food retailers had not concluded successfully.
Orbán said these efforts had made it clear for everyone that “the era when Hungarians can be fleeced with the excuse of inflation is over”. He added that the state would intervene in setting prices “when abnormal situations develop”.
The prime minister said the government was determined to protect families and individuals, and make it clear that “it is best to come to an agreement with the government”. “We are doing on a small scale what Donald Trump is doing in a big way,” he added.
Tisza MEPs working against their own country
In connection with recent remarks made by a Tisza Party MEP in a European Parliament committee meeting, Orbán said Hungarian voters had elected MEPs “to represent Hungary’s interests in Brussels and, if necessary, to fight for Hungary”. He said that as prime minister he fought for the interests of the Hungarians and had succeeded in securing half of the EU funds due to Hungary.
Members of the Tisza Party “are not ashamed to be working against their own country but are proud of it,” Orbán said. Tisza members were “happy if things go badly in Hungary” because they saw this as beneficial to the opposition, he added. He said that during the past thirty years all opposition parties would have objected to being accused of benefiting from the deterioration of Hungary’s situation. “Yet, they now simply say it straight in your face” that the worse the situation is in Hungary, the better it will be for them, because they can enter power the sooner “and what’s more, they do so in conspiration with foreign powers, the Brussels bureaucrat,” he added.
- Fresh survey: The opposition Tisza party leads Fidesz by 500 thousand votes
Politics about country
Referring to Ferenc Gyurcsány’s infamous “lies” speech the former prime minister made in Őszöd, Orbán insisted that Tisza was trying to explain that “it’s the right thing … to work against their own country”. Politics, he added, “is not about power but about the country” and serving the people. “Anyone capable of doing anything for power and money can’t ever be trusted,” Orban added.
He said it is important that everyone in Hungary should be able to express their opinion regarding matters that determined the future of the country. “These aren’t just empty words; they will have due weight,” he added. Orbán said the same had happened when it came to the issue of migration. “We are the only country to have held a referendum on migration,” he noted.
Child protection, “a big challenge in all of Europe: how we picture our future and the life of our society, families and communities”, was another on which Hungarians were the only ones to be given an opportunity to voice their opinion, he said.
Ukraine’s EU accession would damage Hungary
Orbán said the question of whether Ukraine was allowed into the EU or not would have a major impact on Hungary’s destiny in the coming decades. “There will be certain consequences if it is allowed to join, and also if this is successfully prevented,” he said. Orbán said the matter was “decisive”, adding that he was convinced Ukraine’s accession would damage Hungary, Hungarian families, and drain away the economic achievements of the past 15 years.
While Hungarians may have their own opinions on the matter, “it is important that there is a shared view, that the view of Hungarians which will have to be represented in Brussels is clear on this important issue that will remain a focus of European debates for years to come.” At the same time, Orbán said not all Hungarian parties were fighting for Hungarians’ interests in Brussels. “They have their handlers in Brussels.” Certain parties were envisioning a “large European state that would dissolve Hungary”, where Hungary would follow the decisions of “the imperial centre in Brussels”. “They are supporting Ukraine’s membership because that’s what Brussels wants.”
Orban is feeding delusional ideas to the Hungarian public much like Goebbels. Orban is a complete idiot. Hungarians you will be crushed. Economists are quite vocal that Trump’s tariff war is the biggest policy mistake of any US government in 95 years since the Smoot-Hawley tariffs triggered the Great Depression. Permanent damage has been done that no negotiations will solve. Confidence in the US as a trade partner is gone and investment capital is paralyzed. Former Fed Reserve Chairperson Janet Yellen: “This is the worst self-inflicted wound that I have ever seen an administration impose on a well-functioning economy” Nobel Award Economist Paul Krugman: “Anyone sounding the all-clear on tariffs, or Trump economic policy in general, should be kept away from sharp objects and banned from operating heavy machinery. Trump’s post-pause tariff regime remains the biggest trade shock in U.S., and I think world history”
Cardinal Peter Erdo, of the Holy Roman Catholic Church of Hungary, a “mate” – supporter of the Political Ideas and Philosophy – the Dogma and Ideology of Victor Orban – if Orban was a baptised Catholic, what a “marathon” time Erdo & Orban would need to book for a “reconciliation” presentation.
Erdo & Orban – it could not be conducted in a “traditional” confessional box, as they would, through the time of Orbans “list” – length of matters his sinfulness – both Erdo & Orban would be Oxygen STARVED.
Saint Padre Pio – if you are “gasping” for oxygen, his teaching ;
“Prayer is the Oxygen of the Soul.”
Erdo, by the “Powers” invested in Him, through his priestly vows – in ordination into the priesthood, his absolving, the Absolution of Orbans sinfulness, the penitent Orban, hopefully, because of the longevity of Orbans list, time it would take Erdo hadn’t fallen asleep, it would be a MARATHON.
If held in a “House of God” – the sign on the front door of the Church would be to Penitents – requesting they return the following day, due to a MULTABIL requirement of time required, just a “one off” penitent BOOKING.
Erdo’s “penance” give to Orban – it would be needed being by Erdo to the penitent Orban – larger than the writings of the Gospels of Matthew Mark Luke & John.
I never fail, returning to Budapest, Hungary, from a “City” in Rome, to find time and visit say a prayer or two in the Matthias Church – Church of the assumption in Buda Castle.
Saint Matthias “voted” by the apostles had been a DEVOTED follower of Jesus from his beginning of his teachings.
St Mattias – had witnessed the “works” of Jesus.
St Mattias – was chosen by the Apostles, wanting to remain (12) twelve in number – after Judas Iscariot – betrayed Jesus and left the group.
Hungarians – the word betrayal – have we NOT been BETRAYED ?
Have we not WITNESSED acts committed personally by Victor Orban, the subject of this article, the transcript from his weekly radio “gig” – that through lack of TRUTH – his conduct is “Judas” as he continues to betray us – Hungary.
Betrayal – through lack of truth & facts, that continues to HUMILIATE causing on-going DAMAGE – the removal, the dismissing eradication to the name of our country – by countrys in there Respect & Trust of us as a country – Hungary ??
St Matthias – Judas Iscariot the word betrayal that from St Matthias position of LOYALITY – was rightfully rewarded.
It saddens me, that the name of the Prime Minister of Hungary – Victor Mihaly. Orban, his Political reputation, is just growing in being globally referred to the JUDAS of Democracy.
Victor Mihaly. Orban – you are not only RESPONSIBLE for what you say, but for what you don’t say.
A lie is like a snowball ; the further you “spin it” – roll it out – the BIGGER it becomes.
Prayers always for Hungary – your Liberty – your Freedom – “Judas” free.
Too much gaslighting to respond to. The usual Friday tsunami.
So – I will just get out the popcorn and wait to see the Chinese reaction (they are our Politicians BFF too!). I am sure China understands Mr. Orbáns point that this all over-the-shop Tariff business is just “tactical” and “medicine” for the world. Oh – except for Russia, Belarus and North Korea – zero tariffs!
Potentially Mr. Szijjártó will have to assume the position for extended periods of time, and still come up short.
“Tariff Peace”? The US and China are at each others throats now. Trade dependency was a major factor preventing China from invading Taiwan. China has slowly been decoupling from the US with their larger companies diversifying production facilities to locations outside of China with Hungary as a recent example. A total decoupling of trade now with the US puts China in a situation where it has nothing to lose with an invasion of Taiwan. The hardliners in China have been waiting for this moment. Not peace but war is coming thanks to Donald Trump. Someone please get idiot Orban to shut his festering gob.