US President-elect Donald Trump has once again stirred controversy by issuing a stern warning to the European Union (EU) on Friday.
Trump urged the EU to immediately buy more US oil and gas to reduce the long-standing trade deficit between the two economic powers.
In a post on Truth Social, Trump gave an ultimatum: “Act now or get ready for ‘no-compromise TARIFFS’!”
The warning comes as transatlantic trade relations are on the brink of a new crisis, putting pressure on an already fragile global economy.
The tensions are not only testing EU-US diplomatic relations, but also threatening the stability of the European economy.
With global oil prices continuing to rise, Europeans could face higher energy costs, while the economy faces the risk of a slowdown.
Trump’s warning has the potential to spark a new trade war that could shake up the global economy.
All eyes are now on the EU’s decision: will they bow to US pressure, or dare to resist the tide of political pressure from Washington?
