U.S. President-elect Donald Trump said he warned the European Union to address its trade gap with the U.S. by increasing oil and gas purchases or face tariffs. Trump posted on Truth Social, emphasizing tariffs if the EU fails to act. The U.S. reported a goods and services trade deficit with the EU of more than $130 billion in 2022. The EU expressed readiness to strengthen ties, noting plans to diversify energy imports away from Russia and the deeply integrated economies with the US.