... purchases of American energy resources in exchange for reduced trade tariffs. Under the terms of the deal, the EU will annually buy oil, liquefied natural gas (LNG), and even nuclear fuel from the US – the total volume of contracts is estimated at an enormous ... ... Commission President Ursula von der Leyen stated that this pact would bring the much-needed stability and predictability for businesses in the EU and the US. The Chancellor of Germany welcomed the reduction of American tariffs, noting that the deal helped ...