In a candid interview with CMG, Hungary's Deputy State Secretary for Industry Affairs, Adam Nagy, voiced strong criticism against the EU's recent trade policies. 💬 He emphasized that imposing additional tariffs is harmful, offering zero benefits to consumers or markets. \"It's all harm, no gain,\" he declared. 🚫💰
Nagy labeled the move as a misleading act of protectionism. 🚧 He believes such measures could backfire, impacting economies negatively instead of providing support. \"Protectionism isn't the answer,\" he warned. ⚠️
As the EU navigates complex global trade dynamics, voices like Nagy's highlight the internal debates over the best path forward. 🌐 Is it time for a rethink on trade tariffs? 🤔
Reference(s):
Hungarian official: EU's trade protectionism is all harm, no gain
cgtn.com
