Trump meets with Ursula von der Leyen
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European Commission President Ursula von der Leyen headed to Scotland on Saturday ahead of a meeting with U.S. President Donald Trump on Sunday afternoon, Commission spokespeople said, as officials from both sides said they were nearing a trade agreement.
Shares of liquified natural gas (LNG) companies jumped Monday after the European Union agreed to purchase $750 billion of energy from the U.S. LNG exporters Cheniere and Venture Global were up about 3% and more than 4%, respectively. NextDecade and New Fortress Energy, which build LNG infrastructure, jumped more than 2% and about 3%.
President Trump met Ursula von der Leyen, the chief of the European Commission, in Scotland, and the two said they had an agreement on trade.
U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal
Von der Leyen said the 15% rate was “all inclusive,” but Trump later added that it didn’t apply to pharmaceuticals and metals though it does to autos. “I think that basica