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Stock impact report

Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal [CNBC]

U.S. Energy Corp. (USEG) 
US:NASDAQ Investor Relations: usedc.com/financial-advisors-investors
Company Research Source: CNBC
President Donald Trump greets Indian Prime Minister Narendra Modi to the White House in Washington, Monday, June 26, 2017. Alex Brandon | AP U.S. President Donald Trump's announcement Monday that he has agreed a trade deal with India comes hot on the heels of Europe's own trade agreement with New Delhi, signaling Washington is not willing to be outdone by its global competitors. The U.S. deal comes after global trading partners like the European Union and India, and China and Canada, have signed their own trade pacts since the new year, leaving America — which has been trigger-happy when it comes to imposing punitive tariffs on trading partners — looking ostracized Analysts had said those deals, and particularly the EU-India pact, could “light a fire” under the U.S. to get its own stalled trade agreement with India done and dusted, but it has come quicker than most expected. Trump announced on Truth Social on Monday that the U.S. would cut the main tariff on India from 25% Show less Read more
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