"We still get a whole lot of LNG via Russia, from Russia," she said in a phone call with U.S. President-elect Donald Trump. "And why not replace it with American LNG, which is cheaper, and brings down our energy prices?

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.