President-elect Donald Trump is threatening tariffs against a bloc of countries when he assumes office as part of his anticipated effort to reinforce oil and gas production in the U.S.
Trump, in a Truth Social post, said that he told the European Union that if it doesn't begin to import more U.S. oil and gas, it will be faced with tariffs under his upcoming presidency.
"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 wrote.