U.S. President-elect Donald Trump said he told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. Enrico Letta, former prime minister of Italy, told CNBC's "Squawk Box Europe" on Friday that the EU ...

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 threatens to add the 27 countries that make up the European Union to the trade partners on which he'll place tariffs.

Donald Trump warned the European Union about tariffs on its goods if it does not increase purchases of American oil and gas. The U.S. is the largest producer of oil and exporter of LNG. The EU is preparing for possible changes in U.

US president-elect keeps the prospect of a transatlantic trade war in the air, exactly a month before he is due to walk back into the White House. View on euronews