Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Tariff Risk Hangs Over East Europe's Trump-Driven Rally
Mint Bangalore
|February 10, 2025
With the European Union in the White House crosshairs for trade levies, market gains look precarious
Lauded as "tough" and "smart" by President Donald Trump, Hungary's Viktor Orban is among the eastern European leaders hoping that allegiance to the US will translate into deals and economic gains. Instead, they may find their financial markets cannot escape the wider fallout of a US-Europe trade war.
The region is a testing ground of sorts for the view that Trump's good graces can buffer a country's stock and currency markets in the face of turbulence elsewhere. Such hopes lifted Hungarian stocks to record highs immediately after Trump's election win, while shares in Budapest-listed telecommunications firm 4iG Nyrt. soared after its chief executive accompanied the premier on his visit to Trump's Mar-a-Lago mansion.
This story is from the February 10, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
States bet on trees to lift farm incomes
Several Indian states plan to integrate trees into mainstream farming systems to improve soil health, capture atmospheric carbon, and diversify rural livelihoods, as crop yields drop due to climate change and land degradation.
1 min
February 27, 2026
Mint Bangalore
Office leasing is in a good space
Grade-A office spaces are seeing faster absorption buoyed by favourable demand-supply dynamics, thus pushing vacancies lower.
2 mins
February 27, 2026
Mint Bangalore
How artificial intelligence alters India's challenge of employment
A three-pillar strategy outlined for the country must now take into account the impact that AI may have on job availability
4 mins
February 27, 2026
Mint Bangalore
Canara Bank raises ₹5,000 crore
State-run lender Canara Bank on Thursday raised ₹5,000 crore through a bond sale.
1 min
February 27, 2026
Mint Bangalore
Easier share exits for investors of GIFT City listed firms likely
Likely permission for secondary market sale aims to attract public listings, improve liquidity
2 mins
February 27, 2026
Mint Bangalore
Solar exporters shift focus to Africa
With a new duty slapped on solar module exports to the US, Africa may become an alternative destination for India-made solar power equipment, a government official said.
2 mins
February 27, 2026
Mint Bangalore
India-Israel ties a 'special strategic partnership' now
The countries have also agreed to fast-track a long-awaited bilateral free trade agreement
1 mins
February 27, 2026
Mint Bangalore
RBI’s prop trading curbs may buoy foreign traders
market intermediaries under banks’ overall capital market exposure framework, to prevent banks from lending depositor money for speculative trading, especially in weekly index options.
3 mins
February 27, 2026
Mint Bangalore
Nvidia sales outlook gets bearish investor response
Nvidia Corp.'s latest sales forecast drew a bearish response from investors, signaling that concerns over a potential bubble continue to weigh on the dominant maker of artificial intelligence processors.
1 mins
February 27, 2026
Mint Bangalore
Opt for broad-based market indices over passive investing themes’
How can investors select simple and suitable passive funds for their portfolios?
3 mins
February 27, 2026
Listen
Translate
Change font size