CEE auto, steel at sharp end of Trump tariffs

3 min read Analysis, Austria, Business, Czech Republic, DACH & Slovenia, Economy, EU, Germany, Hungary, Poland, Romania, V4 & Romania, auto, Belgium, Boeing, China, France, green transition, Italy, Saudi Arabia, Steel, switzerland, tariffs, Trump, Turkey, UK

US President Donald Trump’s new raft of global tariffs threatens to hammer the export-driven economies of Central and Eastern Europe (CEE), with his 25% duty on foreign-made cars posing a direct risk to regional manufacturing. As highly integrated suppliers in Germany-led EU value chains, Slovakia, Hungary and Czechia are

Hungary bails out steelmaker Dunaferr

1 min read Hungary, European Union, Russia, Steel

Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1 February. Dunaferr manufactures steel products for the engineering, automotive, and manufacturing sectors in Dunaujvaros, central Hungary, employing around 4,000. After Wednesday’s meeting with the working group, which