What is the main topic?

The article discusses Trump's suggestion for the EU to purchase US oil and gas to reduce its trade deficit.

What did Trump threaten if the EU doesn't comply?

Trump threatened to impose tariffs on the EU if they do not address the trade deficit.

Where was Trump's statement made?

Trump made his statement on the social media platform Truth Social.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Finance > Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas

Finance

Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas

Published by Global Banking & Finance Review®

Posted on December 20, 2024

1 min read

Last updated: January 27, 2026

Oil tankers transporting crude oil amid expected price stabilization - Global Banking & Finance Review — This image illustrates oil tankers, highlighting the expected stabilization of oil prices in 2025 due to ample supply and slow demand, particularly from China. The article discusses how OPEC+ actions and global market trends impact oil pricing.

Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas

Quick Summary

Trump Urges EU to Offset Trade Deficit with US Oil Purchases

Key Takeaways

Frequently Asked Questions about Trump says EU should make up 'tremendous deficit' with US by purchasing its oil and gas