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. In a post on his social media platform Truth Social,

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.

U.S. President-elect Donald Trump threatened the European Union with new tariffs if the group of countries doesn't shrink its trade deficit with the U.S. by buying more oil and gas during Trump's second term.