Trump to EU: Buy More US Gas or Prepare for Tariffs

Contributing sentiments towards policy:

55% : Since then, the EU has reinvented its trade doctrine and expanded its toolbox, giving it a range of options to counter coercive practices.
50% : LNG "is one of the topics that we touched upon," von der Leyen said after a phone call with Trump.
48% : The EU also adopted a so-called foreign subsidies regulation, which allows the commission to prevent foreign companies that receive unfair state handouts from participating in public tenders or merger-and-acquisition deals in the bloc, among other measures.
44% : Trump has threatened tariffs against countries from China to Canada, and is particularly focused on nations that have trade deficits with the U.S. Europe is already the top destination for American LNG, with more than half of the deliveries going to the continent last year.
43% : But the EU has still prepared for the possibility that it will end up in a trade war with Washington.
42% : LNG buyers -- including the EU and Vietnam -- have already talked about purchasing more fuel from the U.S., in part to deter the threat of tariffs.
42% : EU officials are looking for ways to curb Moscow's role as the war in Ukraine continues, even while Russian pipeline gas and LNG are largely outside of the scope of sanctions.
30% : (Bloomberg)The bloc was largely caught off-guard in 2017 when Trump, citing national security concerns in his previous term as president, levied tariffs on European steel and aluminum.
26% : The U.S. goods and services trade deficit with the EU was $131.3 billion in 2022, according to the office of the U.S. Trade Representative, and the EU has been bracing for a trade offensive ever since Trump's election victory last month.
19% : Trump has multiple grievances against the EU and has criticized Europe for not spending enough on defense and for the U.S.-EU trade deficit.

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