WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he’s threatening with tariffs — unless the group takes steps to import more U.S. goods.
In 2023, the United States’ trade imbalance with the EU on goods was $209 billion, according to the Census Bureau.
There were $576 billion in imports from Europe and $367 billion in exports from the United States.
Trump’s transition team did not respond to questions seeking greater clarity on the message, which for all its bluntness was unclear on next steps.
When Trump threatened Canada and Mexico with 25% tariffs in November, the leaders of both countries spoke with him to try and resolve any tensions.
Gill noted that the EU is already “committed to phasing out energy imports from Russia and diversifying our sources of supply.
“What we really need to chalk all of this up to is Trump laying the groundwork for future negotiations,” Lincicome said. »