Summary
Donald Trump has demanded the European Union reduce its $131.3 billion U.S. trade deficit by purchasing more American oil and gas or face tariffs.
Trump’s comments, posted on Truth Social, come as the EU works to phase out Russian energy imports and diversify suppliers.
EU officials, while open to U.S. energy imports, criticized Trump’s approach as transactional, warning of potential retaliation.
Analysts highlight risks of tariffs to inflation and global trade. The EU plans to engage pragmatically but has prepared for heightened U.S. protectionism under Trump’s leadership.
The EU should counter by tariffing the shit out of US made weapons. Fuck around with the US MIC and one will find out. The MAGAt morons fail to realize there are important EU based companies supplying machinery and components for the US oil and gas industry.
EU: “Hey Canada, wanna do some trading?”
Absolutely. :) As long as we can be outrageously vocal about it and make it a super big deal. Also there should be dancing and chocolate treats and hopefully some cheese.
It’s going to be fun explaining to MAGA why electricity and Natural gas prices in the US rise dramatically in the next three years.
We have extremely low prices compared to the rest of the world mostly because a lot of our gas is kept domestically. Believe me energy companies would export if they could but we don’t have enough infrastructure to service the global market and the Biden administration has dragged its feet approving that infrastructure to keep prices low and satisfy environmentalists.
By promoting our domestic gas for export and removing regulations keeping export infrastructure from being built we will be raising our own prices at home…
Dumb fucks.
The problem with explaining anything to MAGAs is that anything that opposes their world view is going to be summarily rejected.
These people can’t be reasoned with.
Trump and Republicans will blame immigrants.
And they will believe him.
Lol China and Russia are going to be laughing about this all the way to the bank.
This is toddler 101. If baby asks you for a treat, and you are going to give it to them, if they start throwing a tantrum over it, you can no lobger give it to them. You might have wanted to give them the treat, but once they start throwing a tantrum you need to not reinforce the tantrum.
100% on EU with this, don’t let toddlers think or act like thier tantrums work.
Demand all you want, you orange twat.
It’s amazing that a party who ran off free market economics for like 5 decades can all come down with sudden onset amnesia about the subject.
Let him. He seems to think tariffs would make the EU/China/etc pay him money. They don’t. Tariffs raise the price for the person buying the good. It makes prices artificially high within the US and the US consumer pays. The seller gets the same money they always did.
Unless there’s an American alternative manufacturer who can’t currently compete in the domestic market because of price, tariffs are a total foot-gun.
He still thinks a trade deficit is bad.
Goddamn
Even dumber, he thinks a trade deficit means someone owes the US money.
And people actually believe him.
They already are. They’ve been replacing Russian gas and oil with US gas and oil.
It’s like little baby learned a new word
I can’t wait for this dude to become president. It’s going to be amazing to see him bankrupt the US.
I’ve just accepted that no matter how much I try to save, or what kind of job I get, the economy will explode every ten years and I’ll get shafted.
Who needs to retire anyway.
