The elected president of USA, Donald Trumphas demanded the European Union compensate for its enormous trade imbalance with the US through “large-scale” purchases of oil and gas to avoid the imposition of duty.
“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 Lagardepointed out that the european strategy To avoid a trade war between the United States and the EU, it could involve offering its transatlantic partner to buy more American products, such as liquefied natural gas o armamentrather than addressing differences through retaliation.
In this sense, the vice president of the ECB, the Spanish Luis de Guindosexpressed this week his confidence that “common sense will finally prevail” and stressed the importance of the EU and the United States sitting down to negotiate, since in a trade war everyone loses.
Between 10% and 20%
Trump has threatened to introduce additional tariffs of between 10% and 20% on imports from the Twenty-Seven. At their last meeting, at the end of November, EU trade ministers were not in favor of reopening old trade disputes and hoped to avoid new schisms with Washington. However, they were also determined to act “coordinated, precise and proportionate” if they confirm new trade conflicts or actions directed against the European economy or companies.
