Trump's declaration includes threats of tariffs against the EU if they do not increase purchases of American oil and gas, reviving trade war fears.
The past presidency was marked by tariffs on EU steel and aluminum, alongside threats to impose additional duties, which heightened transatlantic tensions significantly.
European officials have now prepared more robust trade defenses, as highlighted by German Foreign Minister Baerbock's assertion that Europe is 'well-prepared' for US trade policies.
The EU's new regulations aim to counteract US pressure by restricting foreign firms that gain state subsidies, ensuring fair competition within the bloc.
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