President Joe Biden and his European counterparts struck a deal Friday to send more U.S. liquefied natural gas (LNG) to the European Union amid the ongoing global supply crunch.
The U.S. and European Commission, the executive arm of the EU, will form a joint task force with representation from both sides under the deal announced by Biden and European Commission President Ursula von der Leyen in Brussels on Friday. The task force will seek to increase energy security for the EU and Ukraine in the run-up to next winter and the following winter while working to end European dependence on Russian fossil fuels.
Local and national government officials and agricultural advocates are expressing their respective pleasure over Wednesday’s signing of the first phase of a sweeping trade deal between China and the United States.
Among the provisions of the deal are agreements from China to import an additional $32 billion in agricultural products; $80 billion in manufactured goods; $50 billion in energy products; and $35 billion in other services.
President Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump said Sunday on Twitter, “For 10 months, China has been paying Tariffs…