U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy.

President-elect Donald Trump is threatening to add the 27 countries that make up the European Union to the list of trade partners he'll place tariffs on — unless the group takes steps to import more U.

US President-elect Donald Trump said on Friday that the European Union (EU) should make up their tremendous deficit with the US through the purchase o