With new tariffs set to take effect on Friday, President Trump continued to negotiate with several countries today.

The president of Switzerland flew to Washington in a late attempt to stave off tariffs of 39% on her country.

Earlier in the day, President Trump threatened to raise tariffs on India, saying he was upset over that country's purchase of Russian oil.

In fact, the president has said the new purchase of U.S. energy is key to some of the biggest

deal struck so far. But as Stephanie Sai tells us, there are questions about whether those

pledges will live up to the president's claims.

That's right, Jeff. Energy agreements are a big part of the latest announcements. Japan said it will

invest $550 billion in American energy infrastructure and production. And South Korea agreed to

buy $100 billion in liquefied natural gas over the next four years. But the deal really raising

eyebrows is with the European Union,

which apparently agreed to buy $250 billion worth of U.S. energy a year for the next three years.

David Goldwyn, a former top State Department energy official in the Obama administration,

and now president of Goldwyn Global Strategies joins me now

to break all of this down. David, so good to have you on the news hour. You know, there are people

in your field who have crunched the numbers and they are calling this deal with the EU unrealistic,

even delusional. Do you agree? Can Europe buy that much American energy in that amount of time?

And can we export that much of it? Well, the short answer is no. The numbers really are fantastical.

I think it's an aspirational agreement. I think it's a strong political signal,

but the math really doesn't work. The total U.S. exports of energy last year were 165 billion.

If we sent them all to Europe next year, it wouldn't approach $250 billion. And commodity prices

are lower in 2025 than they were in 2024. And Europe itself,

if they backed out all of all of Russian gas, that might be another, you know, that might be another

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