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 ...

President-elect Donald Trump is threatening to add the 27 countries that make up the European Union to the list of trade partners he'll place tariffs on — unless the group takes steps to import more U.

Donald Trump said he has told the EU to make up the "tremendous deficit" with the US or the European bloc will face tariffs.

Donald Trump threatened to impose tariffs on U.S. allies in an overnight post demanding that the European Union close its trade gap. The president-elect told the EU to reduce its trade gap with the U.