Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia. The EU will release a roadmap on May 6 to phase out its purchases of Russian fossil fuels and continue to decrease Russian imports, according to European Council President Antonio Costa. “This c... #AmericanLNG #AntonioCosta #China #DutyTariff #RussianLNG #TradeWar
The EU has delayed the implementation of a ban on Russian LNG imports in future sanctions packages. This decision is influenced by resistance from some EU member governments and uncertainty regarding alternative supply sources. Instead, the European Commission plans to create a new roadmap by May th... #AmericanLNG #CzechRepublic #DutyTariff #EnergyIndependence #RussianLNG #TALpipeline
How will US tariffs affect Ukrainian exporters? Deputy Minister of Economy Taras Kachka said: “The US is projected to receive $870M in Ukrainian exports in 2024, which is an increase compared to 2023. About 41% of our exports to the US last y... #agroexportukraine #CastIronUkraine #DutyTariff #HoneyExport #SunflowerOil #TarasKachka #UkraineExport
Trump’s tariffs could severely impact Russia’s oil revenue. While Moscow has managed to evade US President Trump’s tariffs, the Russian budget will still endure consequences from Washington’s trade war. The Telegraph reports that a threat to Russia has emerged... #DutyTariff #GlobalEconomy #ImportDuties #RussianEconomy #RussianOil #TradeWar
The EU has offered Trump a trade truce, but the White House demands financial “reparations” and $350B in energy purchases. On April 7, EU ministers agreed to prioritize negotiations over countermeasures in response to US President Donald Trump’s tariffs, which impact 70% (€380B) of total European exports. European C... #DonaldTrump #DutyTariff #EuropeanCommission #ImportDuties #UrsulavonderLeyen
Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US. For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrai... #DonaldTrump #DutyTariff #ImportDuties #TarasKachka #UkraineEconomy #UkraineExport #UkraineImport #UkraineTrade
European gas prices have fallen to their lowest level in six months; Ukraine is advised to stock up for the upcoming winter. At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six ... #China #DutyTariff #GasImport #gasprices #LNG
The EU is preparing counter-tariffs targeting the US totaling $28B, and the UK has compiled a list of 8,000 US goods to mirror tariffs. EU countries will aim to present a united front against Donald Trump’s tariffs in the coming days, likely by approving the initial set of targeted counter-measures on US imports. The 27 EU count... #DonaldTrump #DutyTariff #EuropeanCommission #foreignTrade #GreatBritain #USduties
Trump has introduced large-scale tariffs; how will Ukraine be affected? Commenting on the introduction of import tariffs by US President Trump, Ukraine’s Minister of Economy Yulia Svyrydenko, noted: “It is difficult, but not critical. A general tariff of 10% w... #DonaldTrump #DutyTariff #UkraineEconomy #UkraineForeignTrade #USduty #YuliyaSvyridenko
