Hungary discussing business deal with US to counter tariff impact


FILE PHOTO: U.S. President Donald Trump greets Hungary's Prime Minister Viktor Orban in the Oval Office at the White House in Washington, U.S., May 13, 2019. REUTERS/Carlos Barria/File Photo

LONDON (Reuters) -Hungary and the United States are discussing a business deal that could involve cooperation in the space industry and military capabilities, a Hungarian official said on Wednesday, aiming to offset the impacts of potential U.S. tariffs.

Hungarian foreign ministry state secretary Levente Magyar provided details of the talks on Wednesday, stating that while a swift agreement is not anticipated, they hoped to reach agreement on energy, space and military projects.

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