President-elect Donald Trump is threatening to add the 27 countries that make up the European Union to the list of trade partners he'll place tariffs on — unless the group takes steps to import more U.S. goods.

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he’s threatening with tariffs — unless the group takes steps to import more U.S. goods.

“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 posted shortly after 1 a.m. on social media. “Otherwise, it is TARIFFS all the way!!!”

  • @swampwitch@lemmy.worldEnglish
    14•12 hours ago

    Probably influenced by the enormous amount of money oil barons spent on him, of which they almost certainly did with an expectation of return on investment.

    His desire to “Drill baby drill!” and relax restrictions on oil drilling—including drilling into a wilderness reserve previously uninterrupted by man—and his apparent distaste for EVs and green energy, makes it pretty obvious whose hand has firmly lodged itself right up his arsehole.

    The man needs oil to sell to please his owners, and belligerently trying to force the EU to increase their purchases is just another one of his hare-brained schemes.

    • @AngryCommieKender@lemmy.worldEnglish
      10•10 hours ago

      He seems to think that a trade deficit means that the US is losing money. That’s obviously as incorrect as the idea that tariffs are paid by the country they are enacted on, rather than the country that is enacting them, but if he really does believe both of those things, his behavior makes some sense.

    • Prior_IndustryEnglish
      2•7 hours ago

      Don’t they risk oversupply and pushing the price down if they start up even more drilling?