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‘Tariffs all the way': Trump says European Union must buy U.S. oil and gas in trade ultimatum

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‘Tariffs all the way': Trump says European Union must buy U.S. oil and gas in trade ultimatum


  • U.S. President-elect Donald Trump said he told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs.
  • Enrico Letta, former prime minister of Italy, told CNBC’s “Squawk Box Europe” on Friday that the EU needed to be prepared to retaliate to Trump’s threat.
  • Donald Trump made threats of sweeping tariffs on U.S. trading partners a key part of his presidential campaign.

U.S. President-elect Donald Trump on Friday said he told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs.

“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,” Trump posted on his Truth Social platform shortly after 1 a.m. ET.

According to U.S. figures, the country’s goods and services trade deficit with the European Union was $131.3 billion in 2022.

A senior EU diplomat, who did not want to be named due to the sensitivity of the topic, told CNBC’s Silvia Amaro that they were not surprised by Trump’s comment Friday and that energy was a “good option” for buying more U.S. goods.

Another EU official, who also did not want to be named for the same reason, told Amaro that German Chancellor Olaf Scholz spoke with Trump last night.

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The comment comes after EU heads of state held their final meeting of the year on Thursday, during which the topic of Europe-U.S. relations was discussed.

“The message is clear: the European Union is committed to continue working with the United States, pragmatically, to strengthen transatlantic ties,” European Council President António Costa said following the meeting.

Trump has made threats of sweeping tariffs on U.S. trading partners including China, Mexico and Canada a signature part of his presidential campaign — and he’s continued the narrative as he prepares to enter office, despite economists warning of risks to domestic inflation.

Analysts say there is high uncertainty over the extent of the tariffs Trump will be willing — or able — to follow through with, and how much of his rhetoric is a starting point for striking deals.

Enrico Letta, former prime minister of Italy and dean of the IE School of Politics, Economics and Global Affairs, told CNBC’s “Squawk Box Europe” on Friday that the EU needed to be prepared to retaliate to Trump’s threat.

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“I think it is a transactional approach, we have to respond to this transactional approach. [Trump] mixes together energy and tariffs on goods, manufacturing and so on. I think it’s incorrect because the two topics are completely different,” Letta said.

“If the deal is proposed by Trump — such an asymmetric deal on topics that are not linked one to the other — I think we have to do the same.”

“Considering that the most asymmetric part is the relationship on the financial side, we have to start considering that maybe replying on the financial side could be a solution,” he said.

The U.S. is the biggest recipient of EU goods, accounting for nearly a fifth of the bloc’s exports. The U.S.’s biggest trade deficit with the EU is in machinery and vehicles, with the gap totalling 102 billion euros ($106 billion) in 2023. In energy, Washington had a trade surplus with the European bloc worth 70 billion euros.

The U.S. is the world’s top oil producer and accounted for 22% of global supply in 2023, according to the U.S. Energy Information Administration, which predicts record crude oil production in 2024. Producers anticipate even higher supply levels in a deregulatory environment under Trump.

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The EU has already indicated it is expecting to purchase more U.S. energy in the coming years. Last month, European Commission President Ursula von der Leyen told reporters that replacing Russian liquefied natural gas (LNG) imports with U.S. volumes would be cheaper, and that the EU would look to engage and negotiate on the matter when Trump takes office in 2025.

Ahead of the U.S. election in November, EU officials spent months preparing for a lurch toward U.S. protectionism and for a more confrontational relationship with the White House, in the event of a Trump victory. The EU has also made moves toward strengthening its relationship with the U.K., which left the bloc in 2020, as a guard against potential clashes over trade and defense.

European stock markets were sharply lower on Friday morning, while the euro strengthened 0.2% against the U.S. dollar to $1.038.

CNBC has contacted the European Commission for comment on Trump’s remarks.

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San Diego, CA

Padres roster review: Miguel Andujar

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Padres roster review: Miguel Andujar





Padres roster review: Miguel Andujar – San Diego Union-Tribune


















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MIGUEL ANDUJAR

  • Position(s): Third base, left field, first base
  • Bats / Throws: Right / Right
  • 2026 opening day age: 31
  • Height / Weight: 6-foot / 211 pounds
  • How acquired: Signed as a free agent in February 2026
  • Contract status: Will make $1.5 million in 2026, with the opportunity to earn another $2 million-plus in performance bonuses; his $4 million guarantee includes a $2.5 million buyout against an $8 million mutual option for 2027.
  • fWAR in 2025: 1.1
  • Key 2025 stats: .318 AVG, .352 OBP, .470 SLG, 10 HRs, 44 RBIs, 36 runs, 17 walks, 49 strikeouts, 1 steal (94 games, 341 plate appearances)

 

STAT TO NOTE

  • .986 — Andujar’s OPS against left-handed pitching in 2025, the second-highest mark of his career and well above his career .807 OPS against southpaws. Andujar had been below .600 in 2021 and 2022 before jumping to .871 in 2023 and a career-high .995 in 2024.

 

TRENDING

  • Up — Signed for $700,000 out of the Dominican Republic as a 16-year-old in the international amateur market, Andujar needed two years to get out of the Yankees’ rookie-ball affiliate in the Gulf Coast League and finally cracked top-100 lists ahead of the 2018 season — No. 59 at Baseball America and No. 65 at MLB.com — after reaching Triple-A following a 16-homer season (.850 OPS). Andujar even made his MLB debut as a 22-year-old in 2017 and looked like he’d be a big part of the Yankees’ future after pairing 27 homers and 92 RBIs with an .855 OPS in finishing second to Shohei Ohtani in AL Rookie of the Year voting in 2018. But a right shoulder labrum tear derailed Andujar in 2019 and Andujar was never able to grab a starting job again in New York. The Pirates claimed him late in 2022 and then the Athletics claimed him after the 2023 season. By then, he’d developed into a platoon player with defensive limitations. Andujar had a .697 OPS in 75 games in his first year with the Athletics and a .765 OPS in 60 games last year when, after missing time with a right oblique strain, he was shipped to the Reds for a minor league pitcher. Andujar went on to hit .359/.400/.544 with four homers and 17 RBIs in 34 games to help the Reds lock up a wild-card spot. He was 0-for-4 with a walk and a strikeout in the NL Wild Card Series sweep at the hands of the Dodgers.

 

Miguel Andujar #41 of the San Diego Padres participates in drills during spring training workouts at the Peoria Sports Complex on Thursday, Feb. 12, 2026 in Peoria, Ariz.(Meg McLaughlin / The San Diego Union-Tribune)

2026 OUTLOOK

  • The need for right-handed balance in the lineup was painfully obvious in the Padres’ NL Wild Card Series loss to the Cubs, so Andujar became a target after 1B/OF Ryan O’Hearn walked as a free agent. Expect Andujar to get at-bats against lefties as either a DH, first base, third base or left field — the spots he’s been playing in spring training.

 

ROSTER RANKINGS

  • 1. OF Fernando Tatis Jr.
  • 2. 3B Manny Machado
  • 3. OF Jackson Merrill
  • 4. RHP Nick Pivetta
  • 5. RHP Michael King
  • 6. RHP Mason Miller
  • 7. OF Ramón Laureano
  • 8. SS Xander Bogaerts
  • 9. LHP Adrián Morejón
  • 10. RHP Jeremiah Estrada
  • 11. RHP Jason Adam
  • 12. 2B Jake Cronenworth
  • 13. RHP Joe Musgrove
  • 14. RHP Randy Vásquez
  • 15. INF Miguel Andujar
  • 16. OF Gavin Sheets
  • 17. LHP JP Sears
  • 18. RHP Yu Darvish
  • 19. RHP Bradgley Rodriguez
  • 20. RHP David Morgan
  • 21. C Freddy Fermin
  • 22. LHP Wandy Peralta
  • 23. C Luis Campusano
  • 24. LHP Yuki Matsui
  • 25. INF Sung-Mun Song
  • 26. RHP German Marquez
  • 27. RHP Matt Waldron
  • 28. OF Bryce Johnson
  • 29. OF/1B Nick Castellanos
  • 30. RHP Ron Marinaccio
  • 31. RHP Bryan Hoeing
  • 32. LHP Kyle Hart
  • 33. INF Will Wagner
  • 34. RHP Garrett Hawkins
  • 35. RHP Miguel Mendez
  • 36. RHP Daison Acosta
  • 37. RHP Ty Adcock
  • 38. RHP Alek Jacob
  • 39. INF Mason McCoy

 

Removed from 40-man roster

  • OF Tirso Ornelas (designated for assignment)
  • RHP Jhony Brito (60-day injured list)

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San Diego Bishop Is Out of a Job

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San Diego Bishop Is Out of a Job



Pope Leo XIV has accepted the resignation of the Chaldean Catholic bishop of San Diego, California, a decision announced Tuesday by the Vatican after the bishop was arrested on embezzlement charges. The San Diego County Sheriff’s Office said last week it had arrested Bishop Emmanuel Shaleta on Thursday at San Diego International Airport as he tried to leave the country, reports the AP. The office said it acted after someone from Shaleta’s church provided a statement and documentation “showing potential embezzlement from the church.” Shaleta was being held on $125,000 bail on eight counts of embezzlement, money laundering, and aggravated white collar crime, the statement said. Shaleta pleaded not guilty on Monday, reports NBC San Diego.

“He was on his way to Germany,” prosecutor Joel Madero said. “Given his access to funds, the fact that he had over $9,000 in the bag when he was stopped, and the fact that he has these international ties … I do believe that some bail to ensure he shows up is appropriate.” There was no immediate reply to an email sent to Shaleta’s parish, St. Peter Chaldean Church, seeking comment and contact information for his attorney. The Vatican said in its daily bulletin Tuesday that Leo had accepted Shaleta’s resignation under the code of canon law for eastern rite churches that allows for the pope to agree if a bishop asks to step down.

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Leo actually accepted the resignation when Shaleta presented it in February, but an announcement was not made until Tuesday, according to the Vatican embassy in Washington. The Holy See appears to have waited to announce the decision to avoid interfering with the police investigation. Leo named Bishop Saad Hanna Sirop as a temporary administrator. Shaleta, 69, was ordained a priest of the Chaldean Catholic Church in Detroit in 1984. He was named to the San Diego branch of the eastern rite Catholic Church in the US in 2017.





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Padres roster review: Germán Márquez

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Padres roster review: Germán Márquez





Padres roster review: Germán Márquez – San Diego Union-Tribune


















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GERMÁN MÁRQUEZ

  • Position(s): Right-handed pitcher
  • Bats / Throws: Right / Right
  • 2026 opening day age: 31
  • Height / Weight: 6-foot-1 / 230 pounds
  • How acquired: Signed as a free agent in February 2026
  • Contract status: Will make $1 million in 2026 with a $750,000 buyout on a mutual option for 2027; can add up to $3.25 million in performance bonuses.
  • fWAR in 2025: 0.3
  • Key 2025 stats: 3-16, 6.70 ERA, 83 strikeouts, 48 walks, 1.71 WHIP, .317 opponent average, 126⅓ innings (26 starts)

 

STAT TO NOTE

  • 36.9 — The percentage of groundballs that Márquez yielded in 2025, a career low and significantly below his career average (48%). Márquez’s groundball rate was regularly above 50% before requiring Tommy John surgery in early 2023. He made one start in 2024 and struggled mightily while making 26 starts last year.

 

TRENDING

  • Down — Márquez had a 4.40 ERA through his first seven years in the majors, not bad considering he pitched roughly half his games at one of the best hitting environments in the majors. In fact, Márquez has a 5.17 ERA in his career at Coors Field and a 4.22 ERA in road environments. But Márquez underwent Tommy John surgery early in 2023, made one start in the majors in mid-July in 2024 (4 IP, 3 ER) and struggled throughout his first full year back in the Rockies rotation. The season was so difficult for Márquez that he was actually worse on the road (7.32 ERA) than he was in 11 starts at Coors Field (5.98 ERA). His strikeout rate (5.9 per nine innings) and strikeout-to-walk ratio (1.73) were the worst of his careers, as was his walk rate (3.4 per nine innings), while his hit rate (12.0 per nine innings) was the second worst of his career. On top of that, Márquez’s groundball rate was also the lowest of his career (see stat to note) and ranked in the bottom 22nd percentile of the league and his hard-hit rate (48.5%) and average exit velocity (91.7 mph) both ranked in the bottom 2 percentile of the league. One reason: a 94.8 mph four-seamer is down a few ticks than the height of his effectiveness. Márquez reached free agency after the season and signed with the Padres in February.

 

2026 OUTLOOK

  • Márquez has a big-league deal with the Padres, but he’ll have to rediscover his pre-elbow-reconstruction form to hold onto a roster spot, as RHP Griffin Canning (Achilles) is expected to push for a spot at some point this season and the likes of LHP JP Sears, RHP Matt Waldron and minor league signees like Marco Gonzales could warrant looks if Márquez’s struggles continue into 2026.

 

German Marquez #33 of the San Diego Padres participates in drills during spring training workouts at the Peoria Sports Complex on Monday, Feb. 16, 2026 in Peoria, Ariz.(Meg McLaughlin / The San Diego Union-Tribune)

ROSTER RANKINGS

  • 1. OF Fernando Tatis Jr.
  • 2. 3B Manny Machado
  • 3. OF Jackson Merrill
  • 4. RHP Nick Pivetta
  • 5. RHP Michael King
  • 6. RHP Mason Miller
  • 7. OF Ramón Laureano
  • 8. SS Xander Bogaerts
  • 9. LHP Adrián Morejón
  • 10. RHP Jeremiah Estrada
  • 11. RHP Jason Adam
  • 12. 2B Jake Cronenworth
  • 13. RHP Joe Musgrove
  • 14. RHP Randy Vasquez
  • 15. OF Gavin Sheets
  • 16. LHP JP Sears
  • 17. RHP Yu Darvish
  • 18. RHP Bradgley Rodriguez
  • 19. RHP David Morgan
  • 20. C Freddy Fermin
  • 21. LHP Wandy Peralta
  • 22. C Luis Campusano
  • 23. LHP Yuki Matsui
  • 24. INF Sung-Mun Song
  • 25. RHP German Marquez
  • 26. RHP Matt Waldron
  • 27. OF Bryce Johnson
  • 28. OF/1B Nick Castellanos
  • 29. RHP Ron Marinaccio
  • 30. RHP Bryan Hoeing
  • 31. LHP Kyle Hart
  • 32. INF Will Wagner
  • 33. RHP Garrett Hawkins
  • 34. RHP Miguel Mendez
  • 35. RHP Daison Acosta
  • 36. RHP Ty Adcock
  • 37. RHP Alek Jacob
  • 38. INF Mason McCoy

 

Removed from 40-man roster

  • OF Tirso Ornelas (designated for assignment)
  • RHP Jhony Brito (60-day injured list)

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