Trump Threatens EU With 'Tariffs All the Way'

Contributing sentiments towards policy:

68% : The US, which receives nearly a fifth of EU exports, is the biggest supplier of LNG and oil to the EU.
60% : In a statement, European Commission rep Olof Gill said there was "overall balanced trade and investment" but added the EU is "committed to phasing out energy imports from Russia and diversifying our sources of supply."
54% : But if it does come to tariffs, EU officials are ready to respond.
42% : Otherwise, it is TARIFFS all the way," Trump wrote early Friday on Truth Social.
41% : The statement came shortly after Trump spoke with German Chancellor Olaf Scholz, according to CNBC's sources.
39% : The US' goods and services trade deficit with the EU was $131.3 billion in 2022.
29% : At least one EU official views Trump's threat as "odd," per the Financial Times, given that just last month, European Commission President Ursula von der Leyen said the EU would look to negotiate with the incoming Trump administration on replacing Russian liquefied natural gas imports with cheaper US imports.

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