European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import more from America.

The European Union is bracing for potential economic fallout as it prepares for the return of Donald Trump to the White House, with fears of a renewed trade war and “Trump tax”. Ursula von der Leyen has already proposed a new strategy to counter Trump's threat of tariffs - buying more liquefied natural gas (LNG) from the US.

The European Union could consider replacing Russian liquefied natural gas (LNG) imports with those from the United States, European Commission President Ursula von der Leyen told reporters on Friday.