Trump threatens tariffs: EU open to discussions about energy imports!

Trump threatens tariffs: EU open to discussions about energy imports!

Brüssel, Belgien - Donald Trump, the upcoming President of the United States, has threatened in sharp words: If the European Union no longer buys oil and gas from the USA, he will collect tariffs! This explosive announcement came through its Truth Social platform and causes excitement in Europe.

"The EU has to compensate for its enormous deficit with the USA by buying our oil and gas," wrote Trump. "Otherwise there is no end to tariffs !!!" This threat could shake the global markets and further burden the already tense trade relationships between the USA and Europe.

The reaction of the EU

A EU spokesman reacted to Trump's threat and emphasizes that the 27-nation network is open to discussions. Olof Gill explained that the United States is already enjoying a significant commercial surplus in the service sector with the EU. "We are ready to discuss with President Trump how we can further consolidate our already strong relationship, including our common interests in the energy sector," he added.

The EU is already buying most of the US oil and gas exports, and there are currently no additional quantities, unless the USA will increase its production or lead volume of Asia, where there is also high demand.

The economic consequences

The numbers speak for themselves: In 2022, the US goods imports from the EU were $ 553.3 billion, while exports made up only $ 350.8 billion. This results in a trade deficit of $ 202.5 billion! These figures could bring the European economy into a dangerous situation if Trump makes his threat come true.

Analysts already warn of a possible trade crisis. "What a trade war with the United States could mean for the already battered EU economy and the political perspectives of the leader in these capitals are big questions," said Al Jazeeras Jonah Hull from Brussels.

The EU has no uniform plan to react to Trump's threat. Will you buy more oil and gas or prepare for retaliation tariffs, as was the case during the first Trump administration? These questions buzz in the heads of the European decision -makers.

In the middle of these uncertainties, the EU recently completed a huge trade agreement with four South American countries - Argentina, Brazil, Paraguay and Uruguay - which is supposed to create a free trade zone for 700 million customers. This could be seen as a strategic answer to Trump's aggressive trade policy.

Trump himself remains optimistic and claims that “correctly used” tariffs of the US economy would benefit. "Our country is losing against everyone," he said recently. "Customs will make our country rich." The world looks forward to developments, while Trump is preparing for his office and putting trade relationships between the USA and Europe to the test.

Details
OrtBrüssel, Belgien

Kommentare (0)