Trump’s Tariffs Won’t Curb EU’s Reliance on U.S. LNG

When President-elect Donald Trump threatened European exporters with tariffs on everything ahead of the elections, there were probably many in Europe hoping he would never get back into the White House. Now that this is a fact, the tariffs are a matter of negotiations—and those may well involve a lot more U.S. LNG. The United States is currently running a trade deficit of $240 billion with Europe, per Reuters. The biggest exporters to the U.S. are Germany, Italy, Ireland, and Sweden, according to Eurostat, accounting for the bulk of that…