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Trump praises India's 7-8% growth rate, reversing earlier 'dead economy' remark

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US President Donald Trump has praised India's economic performance, citing its 7-8% growth rate as an example of strong economic output. This marks a notable reversal from his previous characterization of India as a 'dead economy.' Trump used India's growth as an argument against high interest rates, suggesting such rates could hinder thriving economies. The comments come amid advancing trade negotiations between the United States and India, with both nations reportedly close to finalizing a bilateral trade agreement.

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