Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News

Trump Threatens EU with Tariffs Unless Bloc Boosts US Energy Purchases

by Team Lumida
December 20, 2024
in News
Reading Time: 2 mins read
A A
0
man wearing Donald Trump mask standing in front of White House

Photo by Darren Halstead on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com
• Trump threatens EU with tariffs unless it increases US oil and gas purchases
• US already supplies 48% of EU’s LNG and 15% of oil imports
• EU signals openness to increased US energy purchases
• Potential 20% blanket tariff on non-Chinese imports at stake

What Happened?

President-elect Donald Trump has issued a direct warning to the European Union via Truth Social, demanding “large scale” purchases of US oil and gas to address trade deficits or face tariff consequences. This comes as the EU has already been exploring ways to increase US energy imports, particularly LNG, as part of its strategy to reduce Russian energy dependence.

Why It Matters?

This development represents a significant shift in US-EU trade relations and energy politics. The EU is already heavily dependent on US energy, with America being the largest supplier of both LNG and oil to the bloc. The threat of tariffs puts pressure on an already delicate trade relationship and could impact global energy markets. The EU’s position is particularly complex given its need to balance trade relations, energy security, and defense cooperation with the US.

What’s Next?

Key developments to watch include the EU’s formal response to Trump’s demands, potential trade negotiations, and the practical feasibility of increasing US energy exports given current capacity constraints. The EU is preparing both cooperative measures and potential retaliatory options. Market participants should monitor US LNG production capacity expansion plans, potential price impacts on global energy markets, and the broader implications for US-EU trade relations. The situation could also affect global energy pricing and supply chains, particularly in the context of existing geopolitical tensions with Russia.

Previous Post

MicroStrategy Stock Loses Steam Despite Bitcoin Holdings

Next Post

Fed Rate Cuts Paradoxically Drive Mortgage Rates Higher, Challenging Housing Market

Recommended For You

Walmart, Once a Byword for Low Pay, Becomes a Case Study in How to Treat Workers

by Team Lumida
12 hours ago
Walmart Expands Logistics Services Beyond Its Marketplace: What This Means for Investors

Key Takeaways Powered by lumidawealth.com Walmart’s 2015 decision to raise starting wages (to $9/hour) and invest in store operations initially erased ~$21.5B in market cap, but became the foundation...

Read more

Binance Among Crypto Firms Hit by French Money-Laundering Checks

by Team Lumida
12 hours ago
Breaking: Judge Allows SEC Case Against Binance to Move Forward

Key Takeaways Powered by lumidawealth.com France’s banking supervisor ACPR is conducting expanded AML/CTF inspections on dozens of registered crypto service providers (PSANs), including Binance and Coinhouse, to decide who...

Read more

Powell Has Backing for 2025 Rate Cuts and Then Things Get Cloudy

by Team Lumida
12 hours ago
Powell Signals Patience: Fed to Lower Rates ‘Over Time’

Key Takeaways Powered by lumidawealth.com The Fed is poised to cut rates on Oct. 29, with markets pricing another cut in December, but guidance beyond year-end is uncertain as...

Read more

Trump Says He Will Meet With Putin in Budapest to Discuss End to Ukraine War

by Team Lumida
12 hours ago
Trump Delays Reciprocal Tariffs to August 1, Citing Progress in Trade Negotiations

Key Takeaways Powered by lumidawealth.com Trump says he’ll meet Putin in Budapest after advisers (led by Secretary of State Marco Rubio) convene next week; Zelensky meets Trump in Washington...

Read more

BYD Recalls More Than 115,000 Cars in China Over Safety Concerns

by Team Lumida
12 hours ago
BYD Shocks Auto Market with 1,300-Mile Hybrids—Can Tesla Keep Up?

Key Takeaways Powered by lumidawealth.com BYD will recall 115,783 vehicles in China after a regulator probe: 44,535 Tang (2015 hybrids; built Mar 2015–Jul 2017) and 71,248 Yuan Pro BEVs...

Read more

Continental Shares Climb After Strong Quarter, Outlook Confirmation

by Team Lumida
12 hours ago
black porsche 911 on road

Key Takeaways Powered by lumidawealth.com Continental pre-announced Q3 sales of ~€5.0B, ahead of ~€4.9B consensus; shares rose ~7.4% to €58.72. Q3 adjusted EBIT margin guided ~11.4% vs ~9.5% consensus;...

Read more

Salesforce Projects Return to Double-Digit Revenue Growth

by Team Lumida
2 days ago
Salesforce’s AI Vision: Game-Changer or Overhyped?

Key Takeaways Powered by lumidawealth.com Salesforce guided to a return to double-digit revenue growth within 12–18 months and targets $60B in annual revenue by FY2030 (ex-Informatica). An additional $7B...

Read more

Kraken Expands US Derivatives Business in $100 Million IG Deal

by Team Lumida
2 days ago
Kraken Expands US Derivatives Business in $100 Million IG Deal

Key Takeaways Powered by lumidawealth.com Kraken acquired IG Group’s US-licensed Small Exchange for $100 million ($32.5M cash, $67.5M Payward stock) and entered a partnership with IG. Deal grants Kraken...

Read more

Bessent Floats Longer-Term China Truce After Rare Earths Gambit

by Team Lumida
2 days ago
US Treasury Secretary Bessent: Terming Out US Debt Is “A Long Way Off”

Key Takeaways Powered by lumidawealth.com Treasury Secretary Scott Bessent signaled a pause on U.S. import duties could be extended beyond 90 days if China halts strict new rare-earth export...

Read more

Trump Team Plans IRS Overhaul to Enable Pursuit of Left-Leaning Groups

by Team Lumida
2 days ago
Trump Tariffs Leave Key Questions on China Supply Chain Rules Unanswered

Key Takeaways Powered by lumidawealth.com The administration is preparing changes at IRS Criminal Investigation (IRS-CI) to ease criminal probes into left-leaning groups and Democratic donors, per WSJ sources. Gary...

Read more
Next Post
September Rate Cut Likely as Job Market Risks Increase, Says Fed

Fed Rate Cuts Paradoxically Drive Mortgage Rates Higher, Challenging Housing Market

Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Bitcoin ETF Success Sparks Race for Alternative Crypto Fund Launches Despite Market Skepticism

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

CrowdStrike Update Chaos: How One Patch Crashed Computers Globally

CrowdStrike Update Chaos: How One Patch Crashed Computers Globally

July 20, 2024
GM Boosts Profit Forecast: U.S. Sales Drive Growth

Office Market Revival: Investors Return as Property Values Hit Bottom

January 28, 2025
graphical user interface

Kyivstar Partners with Starlink to Launch Space-Based Mobile Service in War-Torn Ukraine

December 30, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018