The European Union and the United States are engaged in intensive trade negotiations, with a July 9 deadline looming for resolving tariff disputes.
Discussions involve sensitive sectors and contentious issues, including digital services taxes and food standards.
The EU is considering a UK-style trade agreement, while internal divisions and fears of economic fallout persist.
The EU is increasingly accepting a 10% baseline tariff as inevitable, despite efforts to lower the rate.
Hungary is also in discussions with the United States to establish a business agreement to mitigate potential impacts from US tariffs. EU Council President Antonio Costa emphasized the necessity for the European Union to maintain a firm yet constructive stance in ongoing trade talks with the United States to prevent a trade war.