According to BlockBeats, U.S. President Donald Trump announced on Monday evening that the European Union must commit to purchasing $350 billion worth of American energy to avoid comprehensive tariffs. Trump dismissed Brussels' proposal for a 'zero-for-zero' tariff on cars and industrial products.
European Commission President Ursula von der Leyen stated on Monday that the EU would reduce tariffs on American cars and industrial products to zero if Trump responded positively. However, when asked if this proposal was sufficient for him to make concessions, Trump replied, 'No, not enough.'
Trump emphasized, 'We have a $350 billion trade deficit with the EU, and it will disappear quickly. One of the ways to easily and rapidly eliminate the deficit is for them to buy energy from us, which can offset the $350 billion in a week.'