Hungary urges Europe, the United States and China to sign an agreement on preserving free and fair global trade and preventing a global trade war, Foreign Minister Péter Szijjártó said in Ningbo, China, on Thursday. Szijjártó, who is on a three-day visit to China, attended a “16+1” meeting of Chinese and central and eastern European trade ministers after holding bilateral talks with Chinese trade minister Zhong Shan, the deputy minister in charge of China’s customs authority and the governor of Zhejiang province.
Szijjártó told MTI by phone. “With the introduction or planned introduction of tariffs and trade restrictions, a trade war is brewing between the US, China and the European Union,” he added. “And a trade war like this could have serious negative effects on export-orientated countries like those of central Europe, including Hungary.”
