After soybeans, EU touts U.S. LNG imports to woo Trump on trade

he European Union said it was delivering on a deal with U.S. President Donald Trump to buy more U.S. liquefied natural gas (LNG) on Thursday but called on Washington to do more to make its prices competitive.

In talks to urge Trump to drop hefty new tariffs last month, the EU’s chief executive Jean-Claude Juncker agreed to work to increase imports of U.S. soybeans and LNG to the bloc.

The EU has long worked to diversify away from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers like the United States…

 

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