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Dow Jones Edges Higher as U.S.-India Resume Trade Talks
Dow Jones Edges Higher as U.S.-India Resume Trade Talks
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BTCCSquare news:
The Dow Jones Industrial Average (DJIA) opened higher on Wednesday as the U.S. and India resumed trade negotiations, signaling a potential easing of recent tensions. Indian Commerce Minister Piyush Goyal emphasized India's intent to increase purchases of American energy, framing the relationship as one of "natural partners."
Trade relations between the two nations have been strained by recent U.S. actions, including a doubling of tariffs on Indian goods to 50% and a sharp increase in H-1B visa fees. These measures have drawn criticism from India, which warned of humanitarian consequences for affected families.
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