After talks with representatives of Audi, BMW, Mercedes, Richter, Samsung SDI, SK On, CATL, Bosch, Denso and GE, Szijjártó said the working group would include the biggest local exporters to the United States.

The working group will be tasked with drafting proposals to improve Hungary’s economic competitiveness in the current challenging international environment, while helping the government to shape action plans to protect local industry and jobs affected by the tariffs deal which he called a “gut punch” to the European economy.