It's been just three days since President-elect Donald Trump won the 2024 election in a sweeping victory, and the world is already lining up.
Almost immediately after Trump took back the White House on Tuesday, the European Union Commission said it would begin buying oil from the United States—not Russia.
"We still get a lot of [liquified natural gas] from Russia, and why not replace it by American LNG, which is cheaper for us and brings down our energy prices," Ursula von der Leyen said. "But it's something where we can get into a discussion also what our trade deficit is concerned."
Trump has done more in the three days since winning the election and has not even been inaugurated yet than President Joe Biden and Vice President Kamala Harris did in their four years in office.
Von der Leyen said that it was "very important" for Brussels to have "common interests" with Trump after their first call with one another this week. She explained that Europe received "a lot of LNG via Russia," " so why not replace it with American LNG, which is cheaper for us and brings down our energy prices."
"Common interests are, for example -- this is one topic that we touched upon, I would not say discuss -- it's the whole topic of LNG," she continued.
When he enters the White House for a second time, Trump promises to impose heavy tariffs on foreign goods, one of his first agenda items. He said he would instill at least a ten percent tariff on all imports and other measures to target countries that have been "ripping [the U.S.] off for years."
The incoming president vowed to increase tariffs on China by 60 to 100 percent, which would devastate the communist country's economic growth and stress global supply chains. It would also increase prices for consumers because of a trickle-down effect.
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