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Hungary-EU-US Trade Deal/Analysis
FILE: Brussels, Belgium - July 2, 2025 (CCTV - No access Chinese mainland)
1. Various of EU flags, Berlaymont building (headquarters of European Commission)
FILE: Brussels, Belgium - July 13, 2025 (CCTV - No access Chinese mainland)
2. Various of Berlaymont building, sign, entrance
Budapest, Hungary - Aug 12, 2025 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Hungarian) Gabor Csizmazia, research fellow, National University of Public Service (starting with shot 2):
"Europe is actually an ally of the United States, yet it has agreed to a one-sided deal that primarily benefits the U.S. She (Ursula von der Leyen) made commitments on matters that, strictly speaking, do not fall under the EU's purview -- specifically, purchasing energy and weapons from the U.S. and even pledging investments in America. At the very least, these commitments exceed her mandate, as such decisions should be made by individual member states. The bigger issue is whether these promises can actually be fulfilled. If they fall short and fail to meet American expectations of Europe, it is highly likely that negotiations will be reopened in the future. The Hungarian prime minister pointed this out."
FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
4. Various of White House
FILE: Philadelphia, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
5. U.S. national flag
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
6. Traffic, buildings
7. U.S. national flags
Budapest, Hungary - Aug 12, 2025 (CCTV - No access Chinese mainland)
8. SOUNDBITE (Hungarian) Gabor Csizmazia, research fellow, National University of Public Service (ending with shot 9):
"At the same time, if tariffs remain high, production will decline -- or more precisely, U.S. consumption will drop. This also means that for export-driven economies, beyond existing challenges, it will create additional investment issues in affected industries. Therefore, in Hungary, we will face even more severe consequences in the medium to long term."
FILE: Budapest, Hungary - August 2022 (CGTN - No access Chinese mainland)
9. Various of Hungarian national flag, Budapest landmark Liberty statue
FILE: Budapest, Hungary - 2024 (CGTN - No access Chinese mainland)
10. Aerial shots of Hungarian Parliament Building facing Danube River
FILE: Budapest, Hungary - August 2022 (CGTN - No access Chinese mainland)
11. Bridge, traffic
A Hungarian scholar has criticized the newly agreed US-EU trade deal, arguing that it disproportionately favors American interests while leaving EU economies vulnerable to long-term economic strains.
The EU signed the deal with the United States to avoid a scenario where America would impose enormous tariffs on European goods, and the EU would have to retaliate in kind.
U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal on July 27. While the White House touted it as "historic", many in Europe have criticized it as unfair to the EU.
"Europe is actually an ally of the United States, yet it has agreed to a one-sided deal that primarily benefits the U.S. She (Ursula von der Leyen) made commitments on matters that, strictly speaking, do not fall under the EU's purview -- specifically, purchasing energy and weapons from the U.S. and even pledging investments in America. At the very least, these commitments exceed her mandate, as such decisions should be made by individual member states. The bigger issue is whether these promises can actually be fulfilled. If they fall short and fail to meet American expectations of Europe, it is highly likely that negotiations will be reopened in the future. The Hungarian prime minister pointed this out," said Gabor Csizmazia, a research fellow with Hungary's National University of Public Service.
"At the same time, if tariffs remain high, production will decline -- or more precisely, U.S. consumption will drop. This also means that for export-driven economies, beyond existing challenges, it will create additional investment issues in affected industries. Therefore, in Hungary, we will face even more severe consequences in the medium to long term," said Csizmazia.
Hungary-EU-US Trade Deal/Analysis
Dateline : Aug 12, 2025/File
Location : Hungary
Duration : 1'54
FILE: Brussels, Belgium - July 2, 2025 (CCTV - No access Chinese mainland)
1. Various of EU flags, Berlaymont building (headquarters of European Commission)
FILE: Brussels, Belgium - July 13, 2025 (CCTV - No access Chinese mainland)
2. Various of Berlaymont building, sign, entrance
Budapest, Hungary - Aug 12, 2025 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Hungarian) Gabor Csizmazia, research fellow, National University of Public Service (starting with shot 2):
"Europe is actually an ally of the United States, yet it has agreed to a one-sided deal that primarily benefits the U.S. She (Ursula von der Leyen) made commitments on matters that, strictly speaking, do not fall under the EU's purview -- specifically, purchasing energy and weapons from the U.S. and even pledging investments in America. At the very least, these commitments exceed her mandate, as such decisions should be made by individual member states. The bigger issue is whether these promises can actually be fulfilled. If they fall short and fail to meet American expectations of Europe, it is highly likely that negotiations will be reopened in the future. The Hungarian prime minister pointed this out."
FILE: Washington D.C., USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
4. Various of White House
FILE: Philadelphia, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
5. U.S. national flag
FILE: New York City, USA - October 2024 (CCTV Video News Agency - No access Chinese mainland)
6. Traffic, buildings
7. U.S. national flags
Budapest, Hungary - Aug 12, 2025 (CCTV - No access Chinese mainland)
8. SOUNDBITE (Hungarian) Gabor Csizmazia, research fellow, National University of Public Service (ending with shot 9):
"At the same time, if tariffs remain high, production will decline -- or more precisely, U.S. consumption will drop. This also means that for export-driven economies, beyond existing challenges, it will create additional investment issues in affected industries. Therefore, in Hungary, we will face even more severe consequences in the medium to long term."
FILE: Budapest, Hungary - August 2022 (CGTN - No access Chinese mainland)
9. Various of Hungarian national flag, Budapest landmark Liberty statue
FILE: Budapest, Hungary - 2024 (CGTN - No access Chinese mainland)
10. Aerial shots of Hungarian Parliament Building facing Danube River
FILE: Budapest, Hungary - August 2022 (CGTN - No access Chinese mainland)
11. Bridge, traffic
A Hungarian scholar has criticized the newly agreed US-EU trade deal, arguing that it disproportionately favors American interests while leaving EU economies vulnerable to long-term economic strains.
The EU signed the deal with the United States to avoid a scenario where America would impose enormous tariffs on European goods, and the EU would have to retaliate in kind.
U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal on July 27. While the White House touted it as "historic", many in Europe have criticized it as unfair to the EU.
"Europe is actually an ally of the United States, yet it has agreed to a one-sided deal that primarily benefits the U.S. She (Ursula von der Leyen) made commitments on matters that, strictly speaking, do not fall under the EU's purview -- specifically, purchasing energy and weapons from the U.S. and even pledging investments in America. At the very least, these commitments exceed her mandate, as such decisions should be made by individual member states. The bigger issue is whether these promises can actually be fulfilled. If they fall short and fail to meet American expectations of Europe, it is highly likely that negotiations will be reopened in the future. The Hungarian prime minister pointed this out," said Gabor Csizmazia, a research fellow with Hungary's National University of Public Service.
"At the same time, if tariffs remain high, production will decline -- or more precisely, U.S. consumption will drop. This also means that for export-driven economies, beyond existing challenges, it will create additional investment issues in affected industries. Therefore, in Hungary, we will face even more severe consequences in the medium to long term," said Csizmazia.
ID : 8440833
Published : 2025-08-14 16:53
Last Modified : 2025-08-14 21:21:11
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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