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Tariffs spare no-one
The Citizen
|August 06, 2025
HUNGARY: ORDER CANCELLATIONS, DISRUPTIONS ROCK AUTO INDUSTRY
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Hungarian Prime Minister Viktor Orbán promised that the return of his "dear friend" Donald Trump as US president would usher in a new "golden age." But trade unionist Zoltan Laszlo says Hungary's auto industry has seen the opposite as the United States announced new tariffs, with order cancellations and workflow disruptions marking employees' day-to-day experience.
With tariff rates rising from 2.5% before Trump's return to around 25% and finally to 15%, the "American tariff slalom" has caused nothing but chaos in the car industry, said Laszlo, who represents workers at Mexican automotive parts manufacturer Nemak's Hungarian plant.
Hungary and neighboring Slovakia had become European manufacturing hubs for global car brands seeking lower labor costs, including British Jaguar Land Rover, German Mercedes and Japanese Suzuki.
This story is from the August 06, 2025 edition of The Citizen.
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