Trump strikes deal with Europe to buy more US energy
Thursday, July 26, 2018 | Tag Cloud Tags: EU, Euro, Europe, European Union, News, Trade, Trump, United States, Washington, Worthy News
(Worthy News) - President Trump hashed out a trade deal on Wednesday that will lead to Europe buying more liquefied natural gas from the U.S. to diversify its energy supplies.
Trump said the new steps taken Wednesday to reduce trade barriers on both sides of the Atlantic will also be “strengthening" the U.S.-European strategic relationship on energy.
"The European Union wants to import more liquefied natural gas, LNG, from the United States and they are going to be a big buyer,” he said after meeting with European Commission President Jean-Claude Juncker. [ Source: Washington Examiner (Read More...) ]
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And of course, Europe doesn't want to be too dependent on that new gas pipeline from Russia.