Trump praises Xi's 'kind words,' predicts 'great progress' on trade

US President Donald Trump today seized on seemingly conciliatory remarks from Chinese leader Xi Jinping, praising Beijing's "kind words" as a breakthrough in the looming trade war between the two countries.

"Very thankful for President Xi of China's kind words on tarrifs [sic] and automobile barriers...also, his enlightenment on intellectual property and technology transfers," he tweeted.

"We will make great progress together!" Trump predicted, hailing the speech in which Xi renewed a commitment to lower car import tariffs.