US President Trump, on Xi visit, says we get along very well; it is a great honour he is visiting

Cordial leader-level rhetoric of this kind has historically marked the opening phase of negotiation rounds rather than the conclusion of them: warm personal framing from this President in particular has tended to precede, not preclude, escalatory steps, and prior episodes of bonhomie at the summit level have been followed by renewed tariff threats within short order. The operative phrase is the promise of multiple deals, which in past cycles has translated into headline framework agreements with thin enforcement mechanisms, followed by prolonged haggling over purchases, market access and verification. The distinction worth drawing is between atmospherics and paper: markets have typically priced the mood music briefly, then deferred to whether any text, schedule or signing ceremony materialises. The follow-ons are official readouts from both sides, any working-level or ministerial meetings put on the calendar, and whether specific sectors or purchase commitments get named, since vague deal-talk has a well-established fade pattern. Until something is signed, the signal is directional sentiment on the trade war temperature rather than a change in the underlying tariff structure.