Bloody Hell, the 'Yanks and the Reds on the Line Again: Trump and Xi Dial in Amidst Trade War
Amidst escalating trade disputes: Trump and Xi engage in phone calls - Trump and Xi engage in phone conversation during ongoing trade disagreement.
Yo, things are heated between the world's economic titans! That's right, none other than Donald Trump, the President of the United States, and Xi Jinping, China's big kahuna, had themselves a little chat on the ol' phone line.
You guessed it—trade was up for discussion. But these two heavyweights had a different take on the conversation. Seems like Trump's vibe was more on the optimistic side, while Xi kept it chill, using a more restrained tone.
Trump dropped a message on his Truth Social platform, stating the call lasted flamin' one hour and a half and focused on the juicy deets of the trade deal inked back in May. Accordin' to him, progress was splendid, and top-tier political peeps from both nations gonna gab soon for more trade talks.
Not so fast, mate. Xi took a different approach, emphasis'n the import 'a stickin' to mutually agreed terms. China stays true to its word, and since that crazy Geneva Summit last May, both nations should keep their promises, he said. Xi also added that all China's been doin' is diligently implementin' the agreement.
China called on the Cheeky Monkeys over at the U.S. to have an objective look at the progress and rescind those pesky negative measures against China. The leaders agreed that the teams from both camps should carry on with the consultation and initiate a fresh round of talks right about now.
Speakin' of rare earths, that was another sticky point. After that call, Trump declared that there'd be no more problems with rare earths, but no exact details were given. Let me tell you, China dominates the world market for rare earths, essential shite for producin' a whole lotta goods.
Trump shared his enthusiasm for the planned visit to China with his wife Melania. No word on when, but he's keen to drop by with ol' Mel.
Also worth mentionin', Trump stated that Russia, Ukraine, or Iran weren't discussed during the conversation with Xi. Seems like the day before, ol' Donnie boy tweeted that he digs Xi, but makin' a deal with the Chinese Pres is hell on wheels.
This was the first known phone call between the two leaders since Trump took office way back in January. A few days before his inauguration, they'd chatted, but that was it. Seems like the White House has been tight-lipped about any subsequent conversations.
Now, this trade conflict has kept the world economy on edge, and it's taken a tumble since Trump stepped into the White House. The man's been aggressively pushin' his trade agenda against China, taxin' the living crap outta Chinese imports with staggerin' tariffs up to 145 percent. In response, well, China nailed the ol' tariff tit-for-tat.
Both parties agreed to a truce in mid-May, and tariffs started to dip, but things've gotten ugly again. Disagreements are runnin' wild, and there ain't no resolution in sight. To add fuel to the fire, there's a new sanctions package brewin' in the Senate aimed at countries that continue to purchase Russian oil, gas, and other energy products. With these new penalties, China's wavin' goodbye to a pretty hefty cut of their profits.
- Donald Trump
- China
- USA
- Xi Jinping
- Trade War
- Diplomacy
- Russia
- Geneva
Extra:
Late 2023, the trade war between the U.S. and China rages on, influenced by ongoing tariffs, disagreements over technology and market access, and geopolitical differences. The U.S. has maintained tariffs on a significant portion of Chinese imports, and China has responded with retaliatory tariffs. Despite tensions, both nations remain economically interdependent. Beyond trade, there are significant geopolitical tensions, including issues related to Taiwan, the South China Sea, and human rights concerns. Both countries continue to carry on negotiations to find a resolution to their ongoing trade conflict.
EC countries are closely monitoring the trade war between the United States and China, as the outcome could significantly impact employment policies within their borders.
Politics and general news have been dominated by the ongoing trade conflict, with policy-and-legislation surrounding trade becoming a hot topic.
