Trump demands EU buy $350 billion in energy as condition for tariff relief

[riversedge]

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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Link to tweet

[SupportSanity]

1. LOL!!!!!!!!

just getting ready to call it a night
checking latest news one last time.
GREAT!!!!

[Bernardo de La Paz]

2. Mafia Capo-in-chief, extortion a speciality. . . nt

[SomewhereInTheMiddle]

9. Got a nice economy there...

...hate to see something happen to it.


This. This is what America has come to.

I am sad.

[Scrivener7]

3. God, he's monstrous.

[ananda]

4. ROFL. As if they care.

The EU is forming its own free trade group.

[twodogsbarking]

5. He fucks everybody, 'cept Melaaaaaaaahniaaaaaaaaaah.

[Baitball Blogger]

6. The gangsta president.

[azureblue]

7. Trump's tactic

of bully and intimidate, then negotiate, isn't working any more. And Trump doesn't know what to do when his bluff gets called.. And the rest of the world just called his bluff.

[Yo_Mama_Been_Loggin]

8. Does he think they're going to buy our coal?

[intrepidity]

10. But....but...I thought tariffs were gonna pour trillions into our treasury!

Does he mean they have to pay the US govt for that energy, or just the private US energy companies, who will profit tremendously while escaping through tax loopholes?

Hard to see what the "plan" (hah!) here is...