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8 Views • Dec 22, 2024 • Click to toggle off description
After warning the BRICS countries, Donald Trump has now targeted the European Union. He has threatened European Union countries, stating that if they do not buy large quantities of American oil and gas, tariffs will be imposed on them. Trump is not happy with the trade surplus the European Union has with the United States. Due to advancements in fracking technology, U.S. domestic energy production has increased, making the U.S. the largest oil producer in the world today. Sanctions on Russia have led to an increase in U.S. energy imports by Europe. According to data, the European Union is currently the largest buyer of American oil and LNG. But for Trump, this is not enough. Since the U.S. imports more goods and services from the European Union than it exports, Trump considers this unfair to the American economy and wants to reduce this trade deficit. Therefore, he is pressuring the European Union to buy more energy. Looking at his recent statements, such as 100% tariffs on BRICS, 25% tariffs on Canada, and now threats to the European Union, it seems that tariffs will play a significant role in Trump administration policy.

trump eu
european union
trump tariffs
us dollar
europe trump
eu countries
europe news
trump on eu
#eu #europe #europeanunion #usdollar #dedollarization #dollar #tariff
#upsc #geopolitics #december2024 #currentaffairs #Sshom #tariffs
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Genre: Education
License: Standard YouTube License
Uploaded At Dec 22, 2024 ^^


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RYD date created : 2024-12-22T16:33:33.325698Z
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9 Comments

Top Comments of this video!! :3

@ahmedalbalooshi8518

3 weeks ago

Let him compete rather than threatening others

3 |

@tudorcostinciubotariu4872

3 weeks ago

Let them rather pay for Nord Stream

2 |

@RamonEstevez-g6m

3 weeks ago

Our european colonias have to Pay more

1 |

@opsingh5952

3 weeks ago

If they have surplus of oil, it's price for EU or other countries must be reduced comfirmatibly.😊

1 |

@venkateshankalyanaraman1631

2 weeks ago

He will make exception for russia

1 |

@georgekaplan4884

3 weeks ago

Academic, US doesnt have a whole lot of surplus oil and LNG to sell

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