According to reports, US President Trump said on Monday evening that the EU will have to promise to buy 350 billion US dollars of US energy in order to get a respite from comprehensive tariffs. He rejected Brussels's proposal to levy “zero to zero” tariffs on automobiles and industrial products. This comment is in response to European Commission President von der Leyen's statement earlier on Monday that if Trump responds, the EU will reduce tariffs on automobiles and industrial products imported from the US to zero. When asked by reporters if the proposal was enough for him to compromise, Trump said, “No, it's not enough.” Trump said, “We have a $350 billion trade deficit with the European Union, and it will quickly disappear. One way to make the deficit disappear quickly and easily is that they have to buy energy from us... they can buy it, and we can offset $350 billion in a week. They must and promise to buy the same value of energy”.

Zhitongcaijing · 04/08/2025 07:33
According to reports, US President Trump said on Monday evening that the EU will have to promise to buy 350 billion US dollars of US energy in order to get a respite from comprehensive tariffs. He rejected Brussels's proposal to levy “zero to zero” tariffs on automobiles and industrial products. This comment is in response to European Commission President von der Leyen's statement earlier on Monday that if Trump responds, the EU will reduce tariffs on automobiles and industrial products imported from the US to zero. When asked by reporters if the proposal was enough for him to compromise, Trump said, “No, it's not enough.” Trump said, “We have a $350 billion trade deficit with the European Union, and it will quickly disappear. One way to make the deficit disappear quickly and easily is that they have to buy energy from us... they can buy it, and we can offset $350 billion in a week. They must and promise to buy the same value of energy”.