Increased EU purchases of U.S. oil and natural gas may ease trade tensions and facilitate talks to prevent or reduce tariffs under a second Trump administration, but LNG market dynamics and the European Union's internal dynamics make it unlikely that these adjustments will fully resolve trans-Atlantic trade disputes. In a Dec. 20 post on his Truth Social platform, U.S. President-elect Donald Trump threatened to impose tariffs on imports from the European Union unless the bloc committed to significantly increasing imports of U.S. oil and gas to reduce the United States' ''tremendous [trade] deficit'' with the European Union. Trump's warning comes after European Commission President Ursula von der Leyen said in November that the European Union could increase purchases of U.S. liquified natural gas (LNG) as a way to both reduce its large trade surpluses with the United States, and help replace the bloc's remaining imports of Russian LNG as part...
