Trump Praises Xi’s Speech, Easing U.S.-China Trade Tensions
- Xi pledged a ‘new phase of opening up’ at Asia economic forum
- Trump press secretary says U.S. awaits ‘concrete steps’
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U.S. President Donald Trump praised Xi Jinping’s “kind words” on trade after the Chinese leader reaffirmed pledges to open his nation’s banking and manufacturing sectors -- signaling an effort to defuse a burgeoning trade war.
“Very thankful for President Xi of China’s kind words on tariffs and automobile barriers,” Trump said on Twitter. “Also, his enlightenment on intellectual property and technology transfers. We will make great progress together!”