January 21, 2025
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Economy

Trump again calls on the EU to buy more US energy to avoid tariffs

US President Donald Trump repeated his call for the European Union to buy more US oil and gas if the EU wants to avoid new tariffs.”, — write: epravda.com.ua

European truth US President Donald Trump repeated his call to the European Union to buy more American oil and gas if the EU wants to avoid new tariffs. This was reported by the “European Truth” agency Bloomberg. Trump spoke to reporters at the White House after his inauguration on Monday. Advertisement: “The only thing they (Europeans. – Ed.) can do quickly is to buy our oil and gas,” Trump told reporters. “We will fix it with tariffs or they will have to buy our oil and gas,” he added. The European Union, as well as some Asian governments, are considering buying more energy from the world’s largest oil producer and exporter of liquefied natural gas. European Commission President Ursula von der Leyen floated the idea last year that U.S. imports could replace consumption of Russian liquefied natural gas.Advertisement: Trump seeks to boost U.S. energy development by declaring an energy emergency and lifting a ban on offshore oil and gas leases that effectively blocked drilling in most US coastal waters. He also overturned the Biden administration’s ban on approving new LNG export plants. “We are going to make a lot of money in energy. We have more than anyone else,” Trump said. Trump also said his administration would impose 25 percent tariffs on imports from Mexico and Canada starting February 1. And Donald Trump canceled dozens of Joe Biden’s decisions immediately after taking office.

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