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.

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.

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.

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.

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,

Donald Trump has said he will impose tariffs on the European Union if the bloc does not make up its "tremendous" trade deficit with the United States.

President-elect Donald Trump has threatened the European Union with tariffs if its member countries don’t buy more American oil and gas.