economy and politics

Trump demands EU purchases "on a large scale" of oil and gas to the US to avoid tariffs

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Archive – Donald Trump. – Melissa Melvin-Rodriguez/TNS via / DPA – Archive

MADRID Dec. 20 () –

The president-elect of the United States, Donald Trump, has demanded that the European Union compensate for its huge trade imbalance with the United States through “large-scale” purchases of oil and gas to avoid the imposition of tariffs.

“I told the European Union that they must make up their tremendous deficit with the United States by purchasing our oil and gas on a large scale. Otherwise, TARIFFS will be applied!!!”, Trump has warned through your profile on the Truth Social network.

At the end of last November, the president of the European Central Bank (ECB), Christine Lagarde, pointed out that the European strategy to avoid a trade war between the United States and the EU could involve offering its transatlantic partner to buy more American products, such as liquefied natural gas or weapons, rather than addressing differences through retaliation.

In this sense, the vice president of the ECB, the Spanish Luis de Guindos, expressed this week his confidence that “common sense will finally prevail” and stressed the importance of the EU and the US sitting down to negotiate, since In a trade war everyone loses.

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