President-elect Donald Trump has issued a stark ultimatum to the European Union: increase purchases of American oil and gas or face tariffs. Trump’s demand aims to address the trade deficit between the US and EU, which reached $131.3 billion in 2022. While the EU has already significantly increased its imports of US hydrocarbons in recent years, ramping up purchases to the level Trump suggests faces numerous practical constraints.

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Is the Gold Price Correction Over? What This Rebound Tells Us
Gold and silver rebounded ~3% Friday, but the gold price correction extends to 17% off January’s all-time high. Here’s what’s driving the selloff — and what a reversal could look like.




