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.

  • Gammelfisch@lemmy.world
    link
    fedilink
    English
    arrow-up
    21
    ·
    2 days ago

    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.

  • FelixCress@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    ·
    2 days ago

    This is actually not his idea and it is already in motion in the EU to replace rest of Russian supplies.

      • FelixCress@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        2 days ago

        Yup:

        There is expected to be strong demand for US gas imports from EU economies. The European Commission president, Ursula von der Leyen, said last month that gas from the US could be used to replace the bloc’s remaining imports of Russian LNG as the EU struggles to end its reliance on Russian fossil fuels.

        “We still get a whole lot of LNG via Russia, from Russia,” von der Leyen said. “And why not replace it with American LNG, which is cheaper, and brings down our energy prices.”

        • rc__buggy@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          1
          ·
          2 days ago

          Oof, transporting LNG is terrible for the environment. It costs in packaging and it leaks in transit. Honestly it would probably be better for our environment of they just took it from Russia

  • atro_city@fedia.io
    link
    fedilink
    arrow-up
    24
    ·
    2 days ago

    I can’t wait for this dude to become president. It’s going to be amazing to see him bankrupt the US.

    • Zron@lemmy.world
      link
      fedilink
      English
      arrow-up
      7
      ·
      2 days ago

      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.

  • Dead_or_Alive@lemmy.world
    link
    fedilink
    English
    arrow-up
    50
    ·
    2 days ago

    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.

    • CosmicTurtle0@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      34
      ·
      2 days ago

      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.

    • mPony@lemmy.world
      link
      fedilink
      English
      arrow-up
      16
      ·
      2 days ago

      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.

  • yesman@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    2 days ago

    Browsing the comments, and there is another way this is dumb nobody has pointed out yet. Oil and gas are global commodities and Europe’s energy expenditures buoy the oil price identically whether they buy from the US or Saudi Arabia.

  • HexadecimalSky@lemmy.world
    link
    fedilink
    English
    arrow-up
    83
    ·
    2 days ago

    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.