US EditionEurope Laughed At Trump. Now They’re Going To Cut A Big Energy Check.
10 Articles
10 Articles
Little by little, the small print of the agreement between Donald Trump and the European Union on tariffs is becoming known. In the negotiating package, together with 15% of fees, the Old Continent has committed itself — in principle — to energy purchases from the United States worth $750 billion. Now it is known that this figure is in a period of three years.This means, without knowing whether it will be ascending or not, an average of $250 bil…
Europe Laughed At Trump. Now They’re Going To Cut A Big Energy Check.
Flashback to September 2018. That’s when President Donald Trump stood before the United Nations and warned Germany about the dangers of becoming addicted to Russian energy. In response, the German delegation laughed in his face. They scoffed. The global press rolled their eyes. Trump, they said, didn’t understand how the world worked. Fast forward to 2025: those same European leaders are preparing to cut a $750 billion check for American energy …
As part of the customs agreement, the EU commits to buying up to $750 billion in energy from the United States. In light of the figures, the goal is almost impossible.
The European Union does not have the strength to back its promise of $600 billion in investment in the United States economy, it admitted shortly after making the commitment at landmark trade talks in Scotland, Politico reported.
The EU has promised to buy energy from the US for 750 billion dollars – probably above all LNG. A number that experts are shaking their heads about
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