Loading...
Market
What will be the outcome of EU-US trade negotiations on LNG imports by end of 2024?
2
Donald Trump•European Commission•Ursula von der Leyen•Russian•United States•Trump•von der Leyen•Ukraine•American•US•Europe•European•EU
Resolution / Starting Odds
Successful agreement • 25%
Partial agreement • 25%
No agreement • 25%
Negotiations ongoing • 25%
Official statements from the European Commission or U.S. government
Story
EU's Von der Leyen Proposes Buying U.S. LNG to Replace Russian Gas after Trump's Election Win
Nov 8, 2024, 05:54 PM
Following President-elect Donald Trump's victory, European Commission President Ursula von der Leyen proposed replacing Russian liquefied natural gas (LNG) imports with LNG from the United States. In an "excellent" phone call with Trump, von der Leyen discussed defense, Ukraine, trade, and energy issues. She suggested that importing American LNG, as the U.S. is the world's top LNG exporter with production expected to double by 2030, could strengthen EU-US ties, reduce Europe's reliance on Russian energy—still significant despite nearly three years into the Ukraine invasion—and potentially deter Trump from imposing new tariffs on European goods. This move could also lower energy costs within the EU.
View original story
Similar markets
Increased LNG imports, no tariffs • 25%
Increased LNG imports, tariffs imposed • 25%
No change in LNG imports, no tariffs • 25%
No change in LNG imports, tariffs imposed • 25%
Increase by over 20% • 25%
Increase by less than 20% • 25%
Decrease • 25%
Remain the same • 25%
EU agrees to increase purchases • 25%
U.S. imposes tariffs • 25%
Negotiations continue without resolution • 25%
Other outcome • 25%
Significant decrease • 25%
Moderate decrease • 25%
No change • 25%
Increase • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
No significant change • 25%
Decrease • 25%
New energy trade deal • 25%
Tariffs imposed • 25%
Status quo maintained • 25%
Trade tensions escalate • 25%