Donald Trump has threatened to impose import tariffs on the European Union unless it carries out large scale purchases of American oil and natural gas.

U.S. President-elect Donald Trump said on Friday the European Union should step up U.S. oil and gas imports or face tariffs on the bloc's exports that include goods such as cars and machinery.

President-elect Donald Trump has threatened the European Union with tariffs if its member countries don’t buy more American oil and gas.