President-elect Donald Trump issued a stark warning to the European Union on Friday, threatening to impose tariffs unless the EU increases its purchases of American oil and gas to address the trade imbalance.
Trump emphasized this demand on Truth Social, highlighting the ‘tremendous deficit’ with the U.S., which stood at $202.5 billion in 2022.
“I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!” Trump wrote.
The European Union has expressed readiness to discuss strengthening energy relations with the U.S., noting their commitment to diversifying energy sources away from Russian imports.
“The EU & US have deeply integrated economies, with overall balanced trade/investment. We’re ready to discuss with President-elect Donald Trump how we can further strengthen an already strong relationship, including by discussing our common energy sector interests,” spokesperson Olaf Gill wrote on X on Friday. […]
— Read More: valuetainment.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.