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Hungary’s Orban: West Has Lost the War

Hungarian PM Viktor Orban said the West’s strategy in Ukraine has failed, declaring, “We have lost this war.” He criticized EU sanctions for hurting Europe more than Russia and said the EU economy is suffering due to high energy costs and the Green Deal.

Orban warned that cutting Russian gas would destroy Hungary’s economy and called for peace, saying, “The longer the war lasts, the more lives will be lost.” He also accused Brussels of weakening national parliaments and demanded a new European strategy.

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Trump Imposes New Tariffs on 12 Countries

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US President Donald Trump announced new import tariffs on 12 countries, including Tunisia, Malaysia, Kazakhstan, and South Africa. The tariffs, ranging from 25% to 40%, will take effect on August 1. Trump stated the rates may change depending on diplomatic relations and warned that any retaliation would be met with a response. He also noted that a trade agreement with India is nearing completion.

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