Close Menu
  • Home
  • AI Models
    • DeepSeek
    • xAI
    • OpenAI
    • Meta AI Llama
    • Google DeepMind
    • Amazon AWS AI
    • Microsoft AI
    • Anthropic (Claude)
    • NVIDIA AI
    • IBM WatsonX Granite 3.1
    • Adobe Sensi
    • Hugging Face
    • Alibaba Cloud (Qwen)
    • Baidu (ERNIE)
    • C3 AI
    • DataRobot
    • Mistral AI
    • Moonshot AI (Kimi)
    • Google Gemma
    • xAI
    • Stability AI
    • H20.ai
  • AI Research
    • Allen Institue for AI
    • arXiv AI
    • Berkeley AI Research
    • CMU AI
    • Google Research
    • Microsoft Research
    • Meta AI Research
    • OpenAI Research
    • Stanford HAI
    • MIT CSAIL
    • Harvard AI
  • AI Funding & Startups
    • AI Funding Database
    • CBInsights AI
    • Crunchbase AI
    • Data Robot Blog
    • TechCrunch AI
    • VentureBeat AI
    • The Information AI
    • Sifted AI
    • WIRED AI
    • Fortune AI
    • PitchBook
    • TechRepublic
    • SiliconANGLE – Big Data
    • MIT News
    • Data Robot Blog
  • Expert Insights & Videos
    • Google DeepMind
    • Lex Fridman
    • Matt Wolfe AI
    • Yannic Kilcher
    • Two Minute Papers
    • AI Explained
    • TheAIEdge
    • Matt Wolfe AI
    • The TechLead
    • Andrew Ng
    • OpenAI
  • Expert Blogs
    • François Chollet
    • Gary Marcus
    • IBM
    • Jack Clark
    • Jeremy Howard
    • Melanie Mitchell
    • Andrew Ng
    • Andrej Karpathy
    • Sebastian Ruder
    • Rachel Thomas
    • IBM
  • AI Policy & Ethics
    • ACLU AI
    • AI Now Institute
    • Center for AI Safety
    • EFF AI
    • European Commission AI
    • Partnership on AI
    • Stanford HAI Policy
    • Mozilla Foundation AI
    • Future of Life Institute
    • Center for AI Safety
    • World Economic Forum AI
  • AI Tools & Product Releases
    • AI Assistants
    • AI for Recruitment
    • AI Search
    • Coding Assistants
    • Customer Service AI
    • Image Generation
    • Video Generation
    • Writing Tools
    • AI for Recruitment
    • Voice/Audio Generation
  • Industry Applications
    • Finance AI
    • Healthcare AI
    • Legal AI
    • Manufacturing AI
    • Media & Entertainment
    • Transportation AI
    • Education AI
    • Retail AI
    • Agriculture AI
    • Energy AI
  • AI Art & Entertainment
    • AI Art News Blog
    • Artvy Blog » AI Art Blog
    • Weird Wonderful AI Art Blog
    • The Chainsaw » AI Art
    • Artvy Blog » AI Art Blog
What's Hot

AI disruption rises, VC optimism cools in H1 2025

Google AI’s Take on How To Fix Peer Review

Ray Dalio: Uncertainty and the Abyss

Facebook X (Twitter) Instagram
Advanced AI News
  • Home
  • AI Models
    • Adobe Sensi
    • Aleph Alpha
    • Alibaba Cloud (Qwen)
    • Amazon AWS AI
    • Anthropic (Claude)
    • Apple Core ML
    • Baidu (ERNIE)
    • ByteDance Doubao
    • C3 AI
    • Cohere
    • DataRobot
    • DeepSeek
  • AI Research & Breakthroughs
    • Allen Institue for AI
    • arXiv AI
    • Berkeley AI Research
    • CMU AI
    • Google Research
    • Meta AI Research
    • Microsoft Research
    • OpenAI Research
    • Stanford HAI
    • MIT CSAIL
    • Harvard AI
  • AI Funding & Startups
    • AI Funding Database
    • CBInsights AI
    • Crunchbase AI
    • Data Robot Blog
    • TechCrunch AI
    • VentureBeat AI
    • The Information AI
    • Sifted AI
    • WIRED AI
    • Fortune AI
    • PitchBook
    • TechRepublic
    • SiliconANGLE – Big Data
    • MIT News
    • Data Robot Blog
  • Expert Insights & Videos
    • Google DeepMind
    • Lex Fridman
    • Meta AI Llama
    • Yannic Kilcher
    • Two Minute Papers
    • AI Explained
    • TheAIEdge
    • Matt Wolfe AI
    • The TechLead
    • Andrew Ng
    • OpenAI
  • Expert Blogs
    • François Chollet
    • Gary Marcus
    • IBM
    • Jack Clark
    • Jeremy Howard
    • Melanie Mitchell
    • Andrew Ng
    • Andrej Karpathy
    • Sebastian Ruder
    • Rachel Thomas
    • IBM
  • AI Policy & Ethics
    • ACLU AI
    • AI Now Institute
    • Center for AI Safety
    • EFF AI
    • European Commission AI
    • Partnership on AI
    • Stanford HAI Policy
    • Mozilla Foundation AI
    • Future of Life Institute
    • Center for AI Safety
    • World Economic Forum AI
  • AI Tools & Product Releases
    • AI Assistants
    • AI for Recruitment
    • AI Search
    • Coding Assistants
    • Customer Service AI
    • Image Generation
    • Video Generation
    • Writing Tools
    • AI for Recruitment
    • Voice/Audio Generation
  • Industry Applications
    • Education AI
    • Energy AI
    • Finance AI
    • Healthcare AI
    • Legal AI
    • Media & Entertainment
    • Transportation AI
    • Manufacturing AI
    • Retail AI
    • Agriculture AI
  • AI Art & Entertainment
    • AI Art News Blog
    • Artvy Blog » AI Art Blog
    • Weird Wonderful AI Art Blog
    • The Chainsaw » AI Art
    • Artvy Blog » AI Art Blog
Advanced AI News
Home » Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs
Energy AI

Trump pushes trade partners to buy more U.S. energy as a way to avoid higher tariffs

Advanced AI BotBy Advanced AI BotApril 11, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


A ship carrying liquefied natural gas (LNG) is towed out of the Port of Rotterdam on January 13, 2025 in Rotterdam, Netherlands.

Pierre Crom | Getty Images

President Donald Trump has opened a potential pathway for trade partners to avoid higher tariffs — buy more energy from the U.S.

Trump paused “reciprocal” tariffs on countries except China on Wednesday in an attempt to pull back from a full-blown global trade war. Most nations now face a base tariff rate of 10% and have a three-month period to negotiate bilateral deals with the U.S. to avoid higher duties on their goods.

Trump says he wants to slash the U.S. trade deficit and achieve what he calls “energy dominance.” He linked those two goals Monday, demanding that the European Union buy $350 billion of American energy to erase its trade surplus with the U.S. The Office of the U.S. Trade Representative said the U.S. had a goods trade deficit of $235.6 billion with the EU in 2024.

“They’re going to have to buy our energy from us, because they need it,” Trump told reporters at the White House. “We can knock off $350 billion in one week,” the president said. The European Union faces a 20% tariff rate if it does not reach a deal with Trump.

The U.S. is the largest oil and gas producer in the world. It is the third-largest crude exporter and the largest liquefied natural gas exporter in the world. Energy represented about 15% of total U.S. exports in 2024, according to research from Barclays.

LNG is “the commodity where there’s room for countries to increase their energy imports from the US,” Barclays analysts led by Betty Jiang told clients in a Tuesday note.

Alaska LNG project

Treasury Secretary Scott Bessent told CNBC on Tuesday that a potential investment by Japan, South Korea and Taiwan in a flagship LNG project in Alaska could form the basis of a deal with those countries. They would provide financing for the project and also purchase a significant amount of LNG from it, Bessent said.

“That could be an alternative for them to come forward with that because not only would that provide a lot of American jobs, but it would narrow the trade deficit,” the Treasury secretary said. Japan faces a 24% tariff rate and South Korea a 25% rate if they don’t clinch deals with U.S.

Trump has sought to boost U.S. LNG exports since taking office, with a focus on developing Alaska’s resources. He issued an executive order on his first day in office prioritizing LNG development in the state and singled out the Alaska LNG project in his address to Congress in March.

The proposed Alaska LNG project would transport natural gas from the state’s North Slope through an 807-mile pipeline south to a liquefaction facility at Nikiski on the Cook Inlet for export to Asia. It would cost more than $40 billion to complete, according to a 2018 estimate from one of the developers, Alaska Gasline Development.

Interior Secretary Doug Burgum told a conference in Houston last month that the Trump administration views the project as crucial to U.S. energy security and independence.

The European Union, Japan and South Korea are already major purchasers of U.S. LNG. The EU bought 39% of U.S. LNG exports in 2024, followed by Japan at 7%, South Korea at 6% and India at 5%, Barclays said.

Catch up on the latest energy news from CNBC Pro:



Source link

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
Previous ArticleRBC cuts Rivian price target to $10 ahead of earnings report
Next Article OpenAI DevDay 2024 | Community Spotlight | Mindtrip
Advanced AI Bot
  • Website

Related Posts

Morgan Stanley upgrades mining stock as best pick to play rare earths

June 7, 2025

‘Bitcoin Family’ changed security after recent crypto kidnappings

June 7, 2025

Winklevoss twins’ crypto firm Gemini confidentially files for IPO

June 6, 2025
Leave A Reply Cancel Reply

Latest Posts

The Timeless Willie Nelson On Positive Thinking

Jiaxing Train Station By Architect Ma Yansong Is A Model Of People-Centric, Green Urban Design

Midwestern Grotto Tradition Celebrated In Sheboygan, WI

Hugh Jackman And Sonia Friedman Boldly Bid To Democratize Theater

Latest Posts

AI disruption rises, VC optimism cools in H1 2025

June 8, 2025

Google AI’s Take on How To Fix Peer Review

June 8, 2025

Ray Dalio: Uncertainty and the Abyss

June 8, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Advanced AI News—your ultimate destination for the latest advancements, insights, and breakthroughs in artificial intelligence.

At Advanced AI News, we are passionate about keeping you informed on the cutting edge of AI technology, from groundbreaking research to emerging startups, expert insights, and real-world applications. Our mission is to deliver high-quality, up-to-date, and insightful content that empowers AI enthusiasts, professionals, and businesses to stay ahead in this fast-evolving field.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

YouTube LinkedIn
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 advancedainews. Designed by advancedainews.

Type above and press Enter to search. Press Esc to cancel.