Europe's Strategy: Purchasing American Oil and Gas to Prevent Trade War with Trump - PRESS AI WORLD
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Europe's Strategy: Purchasing American Oil and Gas to Prevent Trade War with Trump

share-iconFriday, January 03 comment-icon4 weeks ago 10 views
News sources:
lemondeLEMONDE
Europe's Strategy: Purchasing American Oil and Gas to Prevent Trade War with Trump

Credited from: LEMONDE

  • US President-elect Donald Trump demands Europe buy oil and gas to address the trade deficit of €151 billion.
  • Failure to comply may result in 10% tariffs on European exports, as per Trump's campaign stance.
  • European leaders are exploring options to increase imports of American liquefied natural gas (LNG) to mitigate the risk of a trade war.
  • Post Ukraine war, Europe has reduced reliance on Russian gas but still seeks to diversify supplies.
  • Eurogas emphasizes the need for more American LNG to strengthen Europe's energy security.

For more details, visit the original article.

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