How Europe is Redrawing its Energy Map

The European Union has signed a deal to import $750 billion worth of liquefied natural gas, oil and nuclear fuels from the United States by 2028. The agreement, announced on July 27 by U.S. President Donald Trump and EU Commission President Ursula von der Leyen, is part of a wider trade package under which the EU will accept a unilateral U.S. tariff of 15 percent on most of its exports to the U.S., while also committing to $600 billion in investments to the country. As Statista’s Anna Fleck shows in the following chart, the EU has greatly reduced…