U.S. President-elect Donald Trump said on Friday the European Union should step up U.S. oil and gas imports or face tariffs on the bloc's exports that include goods such as cars and machinery.

US president-elect Donald Trump has warned the EU that it must commit to buying “large scale” amounts of US oil and gas or face tariffs, in his first trade salvo against Brussels since his election victory.

Donald Trump has threatened to impose import tariffs on the European Union unless it carries out large scale purchases of American oil and natural gas.

President-elect Donald Trump warned the European Union that its exports will get hit with US tariffs if its member states don’t buy more American oil and gas.

US President-elect Donald Trump has urged the European Union to import more oil and gas from the United States or face stiff new tariffs when he takes office in January. The EU should thereby compensate for the "enormous trade deficit,

Key Takeaways U.S. President-elect Donald Trump is continuing to make threats about tariffs in the weeks leading up to the start of his second term.Early Friday morning, Trump said the European Union will need to buy more oil and gas from the U.