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Summary

Donald Trump has demanded the European Union reduce its $131.3 billion U.S. trade deficit by purchasing more American oil and gas or face tariffs.

Trump’s comments, posted on Truth Social, come as the EU works to phase out Russian energy imports and diversify suppliers.

EU officials, while open to U.S. energy imports, criticized Trump’s approach as transactional, warning of potential retaliation.

Analysts highlight risks of tariffs to inflation and global trade. The EU plans to engage pragmatically but has prepared for heightened U.S. protectionism under Trump’s leadership.

top 46 comments
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[-] circuitfarmer@lemmy.sdf.org 3 points 6 hours ago

Wow, dude really doesn't know how the world works, huh?

[-] HeyThisIsntTheYMCA@lemmy.world 12 points 1 day ago

Sheesh. With allies like the US, who needs enemies

[-] Gammelfisch@lemmy.world 17 points 1 day ago

The EU should counter by tariffing the shit out of US made weapons. Fuck around with the US MIC and one will find out. The MAGAt morons fail to realize there are important EU based companies supplying machinery and components for the US oil and gas industry.

[-] HexadecimalSky@lemmy.world 77 points 1 day ago

This is toddler 101. If baby asks you for a treat, and you are going to give it to them, if they start throwing a tantrum over it, you can no lobger give it to them. You might have wanted to give them the treat, but once they start throwing a tantrum you need to not reinforce the tantrum.

100% on EU with this, don't let toddlers think or act like thier tantrums work.

[-] wewbull@feddit.uk 100 points 1 day ago* (last edited 1 day ago)

Let him. He seems to think tariffs would make the EU/China/etc pay him money. They don't. Tariffs raise the price for the person buying the good. It makes prices artificially high within the US and the US consumer pays. The seller gets the same money they always did.

Unless there's an American alternative manufacturer who can't currently compete in the domestic market because of price, tariffs are a total foot-gun.

[-] PerogiBoi@lemmy.ca 58 points 1 day ago

At this point I’d like Trump to go nuts with tariffs. If amerika has decided that the world needs to be punished, then let amerikans burn first. They’ll keep us warm while our economies fall apart.

[-] TimeSquirrel@kbin.melroy.org 48 points 1 day ago

I didn't decide shit, the rest of these asshats I'm surrounded by did it for me. Leave me out of it.

[-] ShadowRam@fedia.io 42 points 1 day ago

Why don't the Chinese people do something about Xi? Why don't the Russians do something about Putin? Why don't the Israel's do something about Netanyahu?

I didn't decide shit, the rest of these asshats I'm surrounded by did it for me. Leave me out of it.

[-] NeilBru@lemmy.world 13 points 1 day ago

The world is largely full of masochists ruled by sadists.

Never underestimate people's desire for servility in the name of stability.

The vast majority of people have an exceedingly high tolerance for their own subjugation if it means they don't have to think or act to avoid pain or responsibility.

Okay, I admit that I basically said the same thing 3 times with different wording. Personally, I just hope that I'm not as docile as I fear that I am.

[-] hungryphrog 4 points 1 day ago

Yep. Submission is easy, revolting is hard. That's pretty much the reason why tyrants exist in the first place.

[-] PerogiBoi@lemmy.ca 15 points 1 day ago* (last edited 1 day ago)

Not voting is an endorsement. He won the popular vote.

Edit: it’s amazing how the majority here proudly announce they didn’t vote in this election. Yall post about how you stayed home and refused to vote and then in the same breath you’re crying about Trump. All this does is publicly advertise your cognitive bankruptcy. Mazel tov on that. Ya get what ya ask for.

[-] TimeSquirrel@kbin.melroy.org 31 points 1 day ago

I did vote. Not for him. So anything done by the US at this point has nothing to do with me. My decision was nullified.

Stop assuming things without complete information. Maybe I also worded it wrong.

[-] FMT99@lemmy.world 7 points 1 day ago

Ain't democracy grand? We can sit on our asses, put a ballot in a box every 4 years and if it doesn't go our way we can just pretend nothing that happens is our fault.

[-] prole 12 points 1 day ago

Yup, 100%. Same goes for anyone who threw their vote away on a third party candidate.

They're just as delusional as Trumpers, as they obviously will do anything they can to avoid admitting to themselves that they fucked up and taking responsibility for their actions.

[-] small44@lemmy.world 8 points 1 day ago

Did you take responsibility for voting to the same two failure of parties before trump was even in politics?

[-] AngryCommieKender@lemmy.world 4 points 1 day ago

I've been begging for RCV since about 2000 when W "won."

[-] small44@lemmy.world 9 points 1 day ago

Stupid argument, how said that if they decide the vote they would have voted for Harris? How about blaming the failure of the two party system instead of people?

[-] PerogiBoi@lemmy.ca 9 points 1 day ago* (last edited 1 day ago)

“It’s not my fault the car drove into the wall! I don’t like the steering wheel, someone else should have installed a better control system!”

Lmao. Great argument. Enjoy your car crash!

[-] small44@lemmy.world 5 points 1 day ago* (last edited 1 day ago)

What a weird comparison. Keep voting for the same terrible two parties and then complains about your country crashing.

[-] kaffiene@lemmy.world 2 points 1 day ago

Duopoly is bad. Trump is worse

[-] small44@lemmy.world 1 points 1 day ago

You are right but people been justifying voting to the two parties and complains about 3rd party voters before trump was in politics and will continue to do so after Trump

[-] kaffiene@lemmy.world 1 points 6 hours ago

Absolutely, and I agree that this is a long standing issue.

[-] theacharnian@lemmy.ca 33 points 1 day ago

Really hope the EU ignores this and just slaps counter-tariffs. The US has military power, the EU has economic power. It does not unelastically depend on imports from the US, and has a huge internal market. Teach this fucker a lesson.

[-] ThePowerOfGeek@lemmy.world 18 points 1 day ago

EU: "Hey Canada, wanna do some trading?"

[-] mPony@lemmy.world 15 points 1 day ago

Absolutely. :) As long as we can be outrageously vocal about it and make it a super big deal. Also there should be dancing and chocolate treats and hopefully some cheese.

[-] NoForwardslashS@sopuli.xyz 37 points 1 day ago

It's like little baby learned a new word

[-] TranscendentalEmpire@lemm.ee 26 points 1 day ago

It's amazing that a party who ran off free market economics for like 5 decades can all come down with sudden onset amnesia about the subject.

[-] prole 11 points 1 day ago* (last edited 1 day ago)

Not surprising to anyone who's been paying attention and has half a brain.

[-] atro_city@fedia.io 23 points 1 day ago

I can't wait for this dude to become president. It's going to be amazing to see him bankrupt the US.

[-] Zron@lemmy.world 7 points 1 day ago

I’ve just accepted that no matter how much I try to save, or what kind of job I get, the economy will explode every ten years and I’ll get shafted.

Who needs to retire anyway.

[-] peoplebeproblems@midwest.social 17 points 1 day ago

He still thinks a trade deficit is bad.

Goddamn

[-] kent_eh@lemmy.ca 7 points 1 day ago

Even dumber, he thinks a trade deficit means someone owes the US money.

And people actually believe him.

[-] atzanteol@sh.itjust.works 16 points 1 day ago

They already are. They've been replacing Russian gas and oil with US gas and oil.

[-] rc__buggy@sh.itjust.works 10 points 1 day ago

And that's all it takes for Trump to declare a win.

[-] FelixCress@lemmy.world 14 points 1 day ago

This is actually not his idea and it is already in motion in the EU to replace rest of Russian supplies.

[-] rc__buggy@sh.itjust.works 9 points 1 day ago

It's classic Trump. Take credit for other's ideas.

[-] FelixCress@lemmy.world 3 points 1 day ago* (last edited 1 day ago)

Yup:

There is expected to be strong demand for US gas imports from EU economies. The European Commission president, Ursula von der Leyen, said last month that gas from the US could be used to replace the bloc’s remaining imports of Russian LNG as the EU struggles to end its reliance on Russian fossil fuels.

“We still get a whole lot of LNG via Russia, from Russia,” von der Leyen said. “And why not replace it with American LNG, which is cheaper, and brings down our energy prices.”

[-] rc__buggy@sh.itjust.works 1 points 1 day ago

Oof, transporting LNG is terrible for the environment. It costs in packaging and it leaks in transit. Honestly it would probably be better for our environment of they just took it from Russia

[-] NatakuNox@lemmy.world 9 points 1 day ago

Lol China and Russia are going to be laughing about this all the way to the bank.

[-] yesman@lemmy.world 7 points 1 day ago

Browsing the comments, and there is another way this is dumb nobody has pointed out yet. Oil and gas are global commodities and Europe's energy expenditures buoy the oil price identically whether they buy from the US or Saudi Arabia.

[-] breadsmasher@lemmy.world 13 points 1 day ago

tRaDe DeFiCiT

[-] Flamekebab@piefed.social 12 points 1 day ago

Demand all you want, you orange twat.

[-] queermunist@lemmy.ml 8 points 1 day ago* (last edited 1 day ago)

Blow up the Nordstream pipeline.

Sell US oil and gas at a premium.

Cui bono?

[-] LittleBorat3@lemmy.world 10 points 1 day ago

Can that sprayed turkey just croak in one or two years, please God?

[-] HeyThisIsntTheYMCA@lemmy.world 2 points 1 day ago

Let's say he goes comatose and is kept alive by machines the rest of his term. Can you imagine the face eating?

[-] Zorsith 6 points 1 day ago

Or months. Or days. Any time, really; he won't be missed in any meaningful or emotional way.

this post was submitted on 20 Dec 2024
244 points (100.0% liked)

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