American and he must buy if he wants what he is planning, in the event that the trade deficit between them is not reduced, the president-elect of the .
“I told the European Union that it should cover its huge deficit with the United States by buying our oil and gas on a large scale,” the Republican billionaire wrote in a message posted on his own Truth social media. “Otherwise it will be CUSTOMS DUTIES all the way!!!” he threatened.
Imports of goods originating from the EU amounted in 2022 to 553.3 billion. dollars (533.17 billion euros), while US exports to the 27 represented 350.8 billion. dollars (€338.04 billion), according to US data, meaning a trade deficit of $202.5 billion (€195.13 billion) between the US and Europe.
Donald Trump, who takes office in January, mainly in Canada, Mexico and China, which could have an impact on the global economy.
Trump has accused neighbors Canada and Mexico of flooding the US with drugs and illegal immigrants and announced 25% tariffs on imports from those countries, while also vowing to impose tariffs of at least 10% on China, Washington’s rival. in the Asia-Pacific zone.
Canada, Mexico, and China are three of the United States’ major trading partners.
(Argentina, Brazil, Paraguay, Uruguay), with the aim of creating a free trade zone of 700 million consumers.
European Commission President Ursula von der Leyen said the deal would create trade bridges at a time when “strong winds are blowing in the opposite direction, towards isolation and fragmentation”, a comment seen as a hint at Donald Trump’s threats to increase customs duties.
The US president-elect’s threats to impose tariffs may, analysts say, be bluster or leverage for future trade negotiations when he takes office. But he continued to insist that tariffs, “if used properly,” would be positive for the American economy.
“Our country is losing right now to everybody,” speaking from his Florida home. “Tariffs will make our country rich.”
