On Friday, US President-elect Donald Trump threatened to impose tariffs on the European Union (EU) because of its “tremendous” trade disparity.
In order to lower the deficit, he asked the EU to buy a lot of US gas and oil.
“It’s tariffs all the way otherwise!”
Trump posted early Friday on Truth Social.
In 2022, the United States imported $553.3 billion worth of goods from the European Union and exported $350.8 billion to the region.
Earlier; The United States has imposed new sanctions targeting Pakistan’s ballistic missile initiative, naming four entities allegedly involved in the production of long-range missile systems.
During a briefing in Washington, State Department spokesperson Matthew Miller accused these organizations of advancing Pakistan’s missile technology.
He pointed out that the entities provided support for developing specialized vehicle systems used in missile launches.
Among the sanctioned groups, three are based in Karachi, while one operates in Islamabad.
The organizations include the National Development Complex in Islamabad and Karachi-based firms Akhtar & Sons, Affiliates International, and Rockside Enterprises.
Miller stressed that the U.S. remains committed to countering weapons of mass destruction and their delivery mechanisms.
This move follows earlier sanctions placed on Pakistani entities in April, September, and October of this year, aimed at disrupting missile and drone production efforts.
In response, Pakistan’s Foreign Office strongly criticized the sanctions, describing them as unfair and discriminatory.
A spokesperson emphasized that the country’s strategic program is designed to promote regional peace and stability, rejecting claims that it threatens global security.
The spokesperson further argued that the sanctions undermine strategic stability in South Asia and contribute to an imbalance in military capabilities.
Pakistan’s strategic initiatives, they added, are a responsibility entrusted by its 240 million citizens and are deeply respected in the country’s political framework.
