Trump’s Energy Extortion: Tariffs as Leverage for US Fuel Sales
President Trump temporarily suspended reciprocal tariffs on most countries, offering a three-month window for negotiating bilateral trade deals to avoid higher tariffs. A key element of these negotiations involves significantly increased European Union purchases of American energy, specifically aiming to offset a $235.6 billion trade deficit. Trump demands $350 billion in EU energy purchases, leveraging the U.S.’s position as the world’s largest LNG exporter. Failure to reach a deal could result in a 20% tariff on EU goods.
John Q. Hosedrinker