'Buy more oil and gas or... ': Trump warns EU over trade deficit

President-elect Trump pressed the EU to reduce its trade deficit with the US by buying more American oil and gas, threatening tariffs otherwise. The EU responded with a willingness to discuss strengthening trade relations, particularly in energy, while acknowledging the existing trade imbalance.

'Buy more oil and gas or... ': Trump warns EU over trade deficit
President-elect Trump pressed the EU to reduce its trade deficit with the US by buying more American oil and gas, threatening tariffs otherwise. The EU responded with a willingness to discuss strengthening trade relations, particularly in energy, while acknowledging the existing trade imbalance.