Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Tariffs spare no-one
The Citizen
|August 06, 2025
HUNGARY: ORDER CANCELLATIONS, DISRUPTIONS ROCK AUTO INDUSTRY
-
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.
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 The Citizen
The Citizen
Chiefs' true test is still on its way
MOTAUNG JNR: NEXT YEAR WILL BE TOUGH FOR CHIEFS
2 mins
November 28, 2025
The Citizen
Could Maharaj's Test spot be in danger?
It feels silly to even suggest this, but based on the performances of the country's strong spin bowling contingent, Keshav Maharaj's place in the national Test team might be in danger.
2 mins
November 28, 2025
The Citizen
Rice praises Caicedo
PREMIER LEAGUE: CHELSEA LOOKING TO CLOSE THE GAP ON THE GUNNERS
2 mins
November 28, 2025
The Citizen
Hunting for TV treasure
STORIES: FRESH DOCCIES AND NEW SEASONS OF FAN FAVOURITES ON HISTORY CHANNEL
2 mins
November 28, 2025
The Citizen
World moves on from G20
DEVELOPMENT: LITTLE RESPONSE TO TRUMP'S THREAT TO EXCLUDE SA AT 2026 MEETING
2 mins
November 28, 2025
The Citizen
Bavuma credits senior players
PROTEAS: SKIPPER CONTINUES TO BUILD TEST LEGACY
2 mins
November 28, 2025
The Citizen
Joburg turns on Christmas lights again
The Johannesburg municipality has marked its recent revival with the return of a former family favourite.
1 mins
November 28, 2025
The Citizen
Cell C's muted JSE debut
MARKET VALUE: STOCK OPENED AT R26.50 YESTERDAY, MATCHING THE FINAL OFFER PRICE → Long-awaited debut marks its first day trading independently.
2 mins
November 28, 2025
The Citizen
Slot insists he is still safe
Arne Slot (above) insisted he is confident of avoiding the sack despite troubled Liverpool’s dismal 4-1 defeat against PSV Eindhoven on Wednesday.
1 mins
November 28, 2025
The Citizen
Plan comes together for Equator
ABILITY: PETER'S CHARGE WELL WEIGHTED, LOVES THE COURSE AND CAN WIN SUMMER CUP
4 mins
November 28, 2025
Listen
Translate
Change font size