[Trump Speaks Out: EU Must Purchase $350 Billion Worth of American Energy to Gain Tariff Relief] According to the Financial News Union on April 8th, U.S. President Trump stated on Monday evening that the EU would have to commit to purchasing $35 billion worth of American energy in order to gain relief from comprehensive tariffs. He dismissed Brussels' proposal for a "zero-for-zero" tariff on cars and industrial products. This comment was in response to comments made earlier by European Commission President von der Leyen on Monday, who said that if Trump responded positively, the EU would reduce tariffs to zero on imported American cars and industrial products. When asked by reporters whether this proposal was sufficient to make him compromise, Trump replied, "No, it's not enough." Trump stated, "We have a trade deficit of $35 billion with the EU, which will quickly disappear. One way to make the deficit disappear easily and quickly is for them to buy energy from us... They can buy it, and we can offset $35 billion within a week. They must and must commit to purchasing an equally valuable amount of energy."
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