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Trump threatens EU with tariffs over oil and gas imports

2024-12-21 19:50:27       source:Reuters

December 21, 2024


Dec 20 (Reuters) - U.S. President-elect Donald Trump said on Friday the European Union should step up U.S. oil and gas imports or face tariffs on the bloc's exports that include goods such as cars and machinery.


The EU already buys the lion's share of U.S. oil and gas exports, according to U.S. government data.


No extra volumes are currently available as the United States is exporting at capacity, but Trump has pledged to further grow the country's oil and gas production.


Read more:

https://www.reuters.com/world/us/trump-says-eu-should-make-up-tremendous-deficit-with-us-by-purchasing-its-oil-2024-12-20/