The European Union is under pressure to buy more American oil and gas to reduce its energy deficit with the United States.
President-elect Donald Trump made the demand in a post on his “Truth Social” platform, warning that the EU could face tariffs if it does not comply.
The European Union responded by emphasizing the strong economic ties between the two regions. A spokesperson from the European Commission said that the EU is open to discussing ways to strengthen cooperation with the new US administration, particularly in the energy sector.
However, the EU faces concerns over the potential impact of US trade policy changes. European Central Bank President Christine Lagarde recently warned that shifts in US trade policies could harm the EU economy. Although inflation in Europe is decreasing, Lagarde expressed concern that rising energy prices, driven by trade tensions, could disrupt economic stability.
The EU remains focused on maintaining its energy security and continuing its collaboration with the United States, despite the challenges ahead.
