Hungary just delivered a fiery take on Europe's trade policies! 🔥 Adam Nagy, deputy state secretary for industry affairs, called the EU's new tariffs \"misleading protectionism\" in an exclusive interview with CMG. His verdict? \"All harm, no gain\" for consumers and markets alike.
💡 Why it matters: As young professionals and entrepreneurs navigate global markets, debates over trade barriers could impact everything from gadget prices to supply chains. Nagy argues these tariffs risk destabilizing the very markets they claim to protect – a warning shot for economic strategists worldwide.
🌐 Global context: With rising protectionism in Western economies, this criticism from an EU member state adds fuel to the international trade debate. Will Brussels reconsider its approach? Stay tuned as we track this economic showdown!
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Hungarian official: EU's trade protectionism is all harm, no gain
cgtn.com