Trump Offers Lower Tariffs As He Pushes Trade Partners To Buy US Energy
From StockTwits: 2025-04-11 14:28:00
President Donald Trump is offering lower tariff rates to trade partners to increase U.S. energy sales and narrow the fiscal deficit. He has asked the EU to commit to buying $350 billion in U.S. energy, which is 49% higher than the trade deficit of $235.6 billion in 2024. Trump’s “drill baby drill” agenda aims to boost domestic energy production. Treasury Secretary Scott Bessent sees energy goals as a bargaining chip with Japan, South Korea, and Taiwan. The SPDR S&P 500 ETF Trust (SPY) gained 1.8% despite rising volatility. Email newsroom[at]stocktwits[dot]com for updates.
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