Trump demands EU buy $350 billion in energy as condition for tariff relief [View all]

Source: msn



Story by Daryna Vialko • 7h •

The European Union must commit to purchasing $350 billion worth of American energy to receive tariff relief. US President Donald Trump rejected Brussels’ zero-for-zero proposal on cars, Politico reports.

President Donald Trump said the EU needs to pledge to buy $350 billion in US energy to receive a reprieve from broad tariffs. He made the statement during a press conference at the White House.

That was his response to European Commission President Ursula von der Leyen’s offer to reduce EU tariffs on US cars and industrial goods to zero if Trump agreed to do the same.

According to Trump, the EU’s proposal is insufficient, as there is a significant trade deficit between the two sides that Washington intends to reduce..............

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Read more: https://www.msn.com/en-us/money/markets/trump-demands-eu-buy-350-billion-in-energy-as-condition-for-tariff-relief/ar-AA1Cxuow?ocid=winp1taskbar&cvid=cc63e1ac27154fb8da7939ba9bbf60d5&ei=21

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