European Commission President Ursula von der Leyen has an idea for reducing the bloc’s consumption of Russian liquefied natural gas: import more from America.

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.

European Commission President Ursula von der Leyen and outgoing European Council President Charles Michel, the bloc's top two officials, have congratulated Donald Trump as he looked poised to return to the White House.