Trump Warns EU: Reduce Trade Gap or Face Tariffs

Contributing sentiments towards policy:

66% : Replying to questions on Trump's threat on Friday, an EU spokesman said the 27-nation bloc was open to talks, noting that the U.S. also enjoyed "a substantial trade in services surplus vis a vis the EU.
58% : ""We are ready to discuss with President-elect Trump how we can further strengthen an already strong relationship, including by discussing our common interests in the energy sector," EU spokesman Olof Gill said.
57% : But Trump has continually insisted that "properly used" tariffs would be positive for the U.S. economy.
55% : "According to U.S. figures, goods imports from the EU were $553.3 billion in 2022, while its exports to the bloc were $350.8 billion.
49% : "Our country right now loses to everybody," Trump said this week.
44% : "I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas," Trump said in a post on his Truth Social platform in the early hours of Friday.
37% : This puts the U.S. goods trade deficit with the EU at $202.5 billion that year.
35% : EU chief Ursula von der Leyen had already suggested to Trump in November that the U.S. could supply more liquefied natural gas to the bloc to replace Russian energy.
24% : Trump, who takes office in January, has made sweeping threats of slapping tariffs on US trading partners -- including Canada, Mexico and China -- which could send reverberations across the global economy.
22% : Accusing Canada and Mexico of allowing the U.S. to be flooded with illicit drugs and undocumented migrants, Trump had threatened a 25% import tariff, while vowing at least 10% against China, Washington's Asia-Pacific rival.

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