Trump Cuts India Tariffs in Deal He Links to Russian Oil [Yahoo! Finance]
U.S. Energy Corp. (USEG)
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Source: Yahoo! Finance
Narendra Modi would stop buying Russian oil, easing months of tension between the two countries. Most Read from Bloomberg ICE Begins Buying ‘Mega' Warehouse Detention Centers Across US LA's $1.2 Billion Graffiti Towers Reach Bankruptcy Exit Deal Congestion Pricing's Unexpected Winners: Suburban Drivers Forget Free NYC Buses: Just Build 41 Miles of New Subways Manchester Shows What UK Economic Revival Can Look Like Following a phone call with Modi, Trump said on social media that he would cut a US levy on Indian goods to 18% from 25%. The US president is also removing an extra punitive 25% duty applied in response to India's purchases of crude from Russia, according to officials familiar with the matter. India would “move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO”, Trump wrote, as well as purchase “over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products.” Modi confirmed the pact
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News
- Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal [CNBC]CNBC
- Trump Cuts India Tariffs in Deal He Links to Russian Oil [Yahoo! Finance Canada]Yahoo! Finance Canada
- As Clean Energy Jobs Grow, Workers Want Stability And Transparency [Forbes]Forbes
- SAF Producer Neste Walks Back 2035 Zero-Emission Pledge [Yahoo! Finance]Yahoo! Finance
- U.S.-Indonesia trade deal is in danger of falling apart, FT reports [CNBC]CNBC
USEG
Sec Filings
- 1/8/26 - Form 4
- 12/2/25 - Form 424B3
- 12/2/25 - Form EFFECT
- USEG's page on the SEC website