U.S. President Donald Trump on Tuesday welcomed a promise by Chinese President Xi Jinping to open China`s economy further, expressing confidence the world`s two largest economies would come through an ongoing trade spat and "make great progress together."

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"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," Trump wrote in a post on Twitter. "We will make great progress together!"

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