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Trump thanks Xi for 'kind words' on trade, but White House
Published : 11-04-2018 - Duration : 02:00 - View : 1
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U.S. President Donald Trump has thanked Chinese President Xi Jinping for his "kind words" about lowering auto import tariffs.
The markets saw a bump after the comments from the two leaders, but the tariffs dispute is expected to continue raging on.
Kwon Jang-ho reports.
President Trump has continued to express his friendly relationship with Xi Jinping, after he took to Twitter to Tuesday to thank the Chinese leader for, quote, "kind words on tariffs and automobile barriers".
Despite recent trade disputes, he declared that they will make 'great progress together.'
This was in response to President Xi's speech at an economic forum on Tuesday, where he pledged to reduce limits on foreign investments in manufacturing, particularly in cars.
This concession by the Chinese President has put the brakes on a tariff war between Washington and Beijing that had started to build steam in recent weeks.
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