Reported 1 day ago
U.S. President-elect Donald Trump announced that the European Union must address its significant trade deficit with the U.S. by making large-scale purchases of American oil and gas, or else face tariffs. He emphasized on social media that tariffs would be implemented if the EU does not comply. Trump's administration has indicated a willingness to impose tariffs on multiple trading partners, making it clear that Europe would incur costs for its long-standing trade surplus with the U.S.
Source: YAHOO