Donald Trump hits out at taxes and says North Sea oil is 'treasure chest'

Donald Trump has hit out at taxes on North Sea oil, saying the resource is a “treasure chest for the United Kingdom”.

The US president is in the north east of Scotland as he prepares to open a new golf course at his resort in Menie.

Posting on his Truth Social network, on Tuesday, the President said: “North Sea Oil is a treasure chest for the United Kingdom. The taxes are so high, however, that it makes no sense. They have essentially told drillers and oil companies that, ‘we don’t want you’.

“Incentivize the drillers, fast. A vast fortune to be made for the UK, and far lower energy costs for the people!”

After meeting with the Prime Minister on Monday, Trump is to cut the ribbon on the 18-hole course at Trump International Golf Links on the Menie Estate on Tuesday before returning to Washington on Air Force One.

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Donald Trump departs Scotland aboard Air Force One 

The President cut a ribbon and teed off on the second range at Trump International Golf Links for the first time.

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