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Home » Transcript: President Trump Hosts PM Viktor Orban of Hungary At White House

Transcript: President Trump Hosts PM Viktor Orban of Hungary At White House

Read the full transcript of President Trump hosting a bilateral lunch with Prime Minister Viktor Orban of Hungary, on Friday, November 7, 2025. 

President Trump’s Opening Remarks

PRESIDENT TRUMP: Well, thank you very much. It’s an honor to have a friend of mine here, Viktor Orban, the Prime Minister of Hungary. And he’s done a fantastic job. He’s a very powerful man within his country, but he’s also beloved. They love Viktor, and people that know him do. He’s run a really great country, and he’s got no crime. He’s got no problems, like some countries do, but probably has a couple of things that I don’t know about, maybe that I don’t want to know about. But he’s a very special person. I’ve known him for a long time.

We’re going to be talking trade. We’re going to be talking a little bit of Russia-Ukraine. We’ll be talking about energy and energy prices. We have energy down to a pretty low point right now in the United States. We’re drilling — drill, baby, drill, we call it. But energy costs are very low. Our general costs are very low.

And I just saw that Walmart came out with a statement last night — they’ve done it for many years — that Thanksgiving this year will cost 25 percent less than Thanksgiving last year under Sleepy Joe Biden. So that’s a big difference. That’s a big difference — 25 percent less Thanksgiving. And I think that’s a very good chart. They include everything — everything that you need for Thanksgiving. So it’s 25 percent less this year than it was last year. And that’s true. That’s emblematic of the rest of prices.

Energy prices are way down from what they were last year. Inflation is almost nonexistent. We have inflation down to a very low number.