Trump Threatens EU Nations With “Tariffs All The Way”

CNBC reports:

U.S. President-elect Donald Trump on Friday said he told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs.

“I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way,” Trump posted on his Truth Social platform shortly after 1 a.m. ET.

The U.S. is the biggest recipient of EU goods, accounting for nearly a fifth of the bloc’s exports. The U.S.′ biggest trade deficit with the EU is in machinery and vehicles, with a gap totaling 102 billion euros ($106 billion) in 2023. In energy, Washington had a trade surplus with the European bloc

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