President Donald Trump praised Xi Jinping’s “kind words on tariffs and automobile barriers” on Tuesday after the Chinese president pledged to open the nation’s banking and auto manufacturing sectors -- the first move to defuse a burgeoning trade war between the two nations. “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!” Xi pledged a “new phase of opening up” in his keynote address Tuesday to the Boao Forum for Asia. While the speech ... (full story)