RSS   Newsletter   Contact   Advertise with us

EU to U.S.: We will buy LNG, you buy our steel

Share on Twitter Share on LinkedIn
Staff Writer | May 17, 2018
The European Commission proposes to boost the EU imports of the liquefied natural gas (LNG) from the United States in exchange for scrapping the U.S. tariffs on steel and aluminum imported from the EU member states, a diplomatic source said.
EU U.S.
Trade   The European Commission proposed a number of measures
"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 U.S. 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. U.S. President Donald Trump decided to postpone the talks on the tariff issue earlier this month.


 

MORE INSIDE POST