EU plans to boost LNG imports from US in exchange of lifting aluminum tariffs

EU plans to boost LNG imports from US in exchange of lifting aluminum tariffs

The European Commission proposes to boost the EU imports of the liquefied natural gas (LNG) from the United States in exchange for scrapping the US tariffs on steel and aluminum imported from the EU member states, a diplomatic source said.

"The European Commission proposed a number of measures to settle the situation, including the increase in volume of the LNG supplies to the European Union by the US companies and expansion of relevant infrastructure," Sputnik cited the source as saying.

In late March, the United States imposed 25% and 10% tariffs on imported steel and aluminum, respectively. US President Donald Trump decided to postpone the talks on the tariff issue earlier this month.

1230 views





Populars