The European Union (EU) is looking to strengthen its ties with the U.S. on liquefied natural gas (LNG) as former President Donald Trump could potentially return to office. Since the Russian invasion of Ukraine in 2022, the EU has increased its purchase of American LNG but still receives a significant portion from Russia. European Commission President Ursula von der Leyen recently suggested in a conversation with Trump that increased American LNG imports could be a beneficial step for both parties, especially as it could help reduce energy costs in Europe.
Von der Leyen sees an opportunity for alignment in energy policy and trade, potentially reducing Europe’s reliance on Russian LNG. However, Trump’s stance on tariffs could pose challenges, as he has advocated for at least a 10% tariff on all imports to address what he views as unfair trade practices. EU leaders, including German Chancellor Olaf Scholz, are optimistic about finding compromise on this issue to avoid a trade conflict.
This discussion aligns with Hungary’s Prime Minister Viktor Orban’s recent moves in European politics, which reflect his support for policies that might favor a negotiated settlement in Ukraine, indicating potential divisions within the EU on energy and foreign policy.
