Wrapping up the week and the year with President-elect Trump's advice for EU on how to avoid US tariffs. Btw: US already supplies more LNG to Europe than any other country(27%) CNBC International
Welcome back to the show. If you are wondering what president-elect Trump is doing in the middle of the night, he's not sleeping. No, he's posting on his social media site, Truth Social. He writes the following. I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise it is tariffs in capital letters all the way. So the first thing is not the entire thing was in capital letters. Otherwise it would have been very aggressive. The second, second thing is. Steve, isn't Europe already buying some of the LNG? We could buy more, of course, yeah. But it's we're buying some from Qatar matters way. Yeah, but it's a lot more expensive than getting it through a pipeline from Russia. And that was the original issue that Trump had in 2018 as well.
