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Donald Trump threatens to impose tariffs on the European Union!
December 20, 2024
US President-elect Donald Trump has threatened the European Union with additional tariffs if it does not make up for its huge trade deficit with the United States by buying large amounts of American oil and gas.
Trump said on his social media account: “I have told the European Union that they must make up for their huge deficit with the United States by buying large amounts of American oil and gas. If they do not, tariffs will be inevitable!”
Despite his strong focus on tensions with China, Donald Trump seems to be working to strengthen his strong position towards the European Union, with expectations that these threatening policies will remain in effect if he wins re-election next month.
Regarding the US debt ceiling, Trump stressed the need to get rid of the ridiculous debt ceiling or extend it until 2029. He added: “Without that, we should not make any deals. Remember, the pressure is on whoever is in office