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.
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.
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.
They blamed Obama for 9/11
And Democrats.