Market
Outcome of WTO case between EU and U.S. on trade practices by December 31, 2025
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Resolution / Starting Odds
EU wins case • 25%
U.S. wins case • 25%
Case settled mutually • 25%
Case withdrawn • 25%
World Trade Organization rulings or official announcements
Story
President-elect Trump Warns EU: Buy U.S. Oil and Gas or Face Tariffs
Dec 20, 2024, 07:07 AM
President-elect Donald Trump has warned the European Union that it must reduce its "tremendous deficit" with the United States by making large-scale purchases of American oil and gas or face tariffs. In a post on Truth Social at 1:09 AM EST on December 20, Trump stated, "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 all the way!!!" The United States is the world's top exporter of liquefied natural gas and the largest oil producer. This ultimatum highlights potential trade tensions between the U.S. and the EU over energy imports.
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Similar markets
No significant change • 25%
EU increases energy purchases • 25%
U.S. imposes tariffs • 25%
Negotiations lead to compromise • 25%
Dispute unresolved • 25%
Canada accepts tariffs • 25%
Canada retaliates • 25%
No significant changes • 25%
U.S. imposes tariffs • 25%
Mutual agreement reached • 25%
No resolution • 25%
EU wins • 25%
China wins • 25%
Mutual settlement • 25%
Negotiates terms • 25%
Complies with U.S. demands • 25%
Retaliates with counter-tariffs • 25%
Ignores ultimatum • 25%
Tariffs imposed • 25%
Status quo maintained • 25%
Trade tensions escalate • 25%
New energy trade deal • 25%
Trade tensions escalate • 25%
Status quo maintained • 25%
Other • 25%
Trade agreements reached • 25%
Tariff averted • 25%
Tariff implemented • 25%
Retaliatory measures enacted • 25%
Ongoing negotiations • 25%
No Resolution • 25%
U.S. Withdraws Tariffs • 25%
Retaliatory Measures by Canada • 25%
Diplomatic Resolution • 25%
New tariffs imposed • 25%
Existing tariffs removed • 25%
No change in tariffs • 25%
Other significant trade policy change • 25%