Commodities and Futures News

Trump says EU should make up ‘tremendous deficit’ with US by purchasing its oil and gas

12/20/2024

Less than a minute

2024.12.20 01:48

(Reuters) – U.S. President-elect Donald Trump said on Friday that the European Union must purchase U.S. oil and gas to make up for its “tremendous deficit” with the world’s largest economy, or face tariffs.

© Reuters. FILE PHOTO: U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. REUTERS/Brian Snyder/File Photo

“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,” Trump said in a post on Truth Social.

“Otherwise, it is TARIFFS all the way!!!,” he added.

12/20/2024

Less than a minute

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