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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Case withdrawn • 25%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
EU increases energy purchases • 25%
U.S. imposes tariffs • 25%
Negotiations lead to compromise • 25%
No significant change • 25%
Ruling in favor of China • 25%
Ruling in favor of Canada • 25%
Settlement reached • 25%
Proceedings ongoing • 25%
Yes • 50%
No • 50%
EU wins • 25%
China wins • 25%
Settlement reached • 25%
No resolution • 25%
Canada accepts tariffs • 25%
Dispute unresolved • 25%
U.S. imposes tariffs • 25%
Canada retaliates • 25%
Mutual agreement reached • 25%
No significant changes • 25%
In favor of China • 25%
In favor of the U.S. • 25%
Mixed ruling • 25%
No ruling • 25%
Yes • 50%
No • 50%
Mexico • 25%
Canada • 25%
China • 25%
None • 25%
In favor of China • 25%
In favor of EU • 25%
Negotiated settlement • 25%
Case withdrawn • 25%
WTO rules in favor of China • 25%
WTO rules in favor of EU • 25%
Settlement reached before ruling • 25%
No decision by end of 2025 • 25%
In favor of China • 25%
In favor of EU • 25%
Compromise reached • 25%
No resolution • 25%