Trump and Xi Jinping had a telephone conversation.
In the midst of a heated trade dispute, it appears the leaders of the world's largest economies have finally picked up the phone. According to reports, U.S. President Donald Trump and Chinese President Xi Jinping have had a conversation, their first known chat since January 2017.
Details about the call, which Trump requested, remain under wraps. The White House hasn't commented yet, but China's Foreign Ministry has confirmed the discussion. In a tweet on his Truth Social platform, Trump mentioned his affection for Xi but found it tough to seal a deal with the Chinese leader.
A Long-standing Dispute
With the telephone conversation between the two presidents, there's a glimmer of hope for resolving the much-prolonged trade conflict. Trump has been firm on his trade policies, escalating the dispute since taking office. Despite claiming a cordial relationship with Xi, he raised tariffs on Chinese imports to an astronomical 145 percent, triggering countermoves from Beijing.
A temporary truce was agreed upon in May, and both nations reduced their tariffs. However, tensions have been on the rise, and underlying disagreements persist.
China's Perspective
Just before China announced the call, its Foreign Ministry voiced its opposition to the U.S. move to revoke visas for Chinese students. The ministry also stressed the importance of fair competition and a non-discriminatory environment for foreign companies.
What's Next?
Following the call, teams from both sides are expected to meet soon to delve deeper into the trade agreement. The U.S. delegation will likely include Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Ambassador Jamieson Greer. Moreover, the invitation exchanged during the call suggests a possible near-future diplomatic visit from Trump to China.
The ongoing trade negotiations between the United States and China remain a subject of speculation, with experts analyzing every move made by both leaders. The latest phone call is seen as a positive step towards resolving the long-standing dispute.
- China
- USA
- Trade Conflicts
- Trade Relations
- Exports
- Donald Trump
- Xi Jinping
- Tariffs
Enrichment Data:
- Call Details: The phone conversation between the two leaders lasted approximately one and a half hours and focused mainly on the nuances of the recently agreed trade deal[1].
- Upcoming Meetings: Both countries' teams will soon meet to further discuss the trade agreement. The U.S. delegation will consist of Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and U.S. Trade Representative Ambassador Jamieson Greer[1].
- Invitations Exchanged: During the call, President Xi extended an invitation to President Trump and the First Lady to visit China. Trump reciprocated the invitation, showing interest in future diplomatic engagements[1].
- CBS News Analysis: The call was also analyzed in light of a previous trade truce that Trump alleged China had breached, adding a layer of complexity to the ongoing trade negotiations[2].
- The ongoing phone call between President Donald Trump and Chinese President Xi Jinping has opened a window for dialogues on the ongoing employment policy issues, as both nations continue to restricted employment opportunities in their respective countries due to trade conflicts and tariffs.
- Amidst the ongoing trade tussle, policy-and-legislation movements regarding community policy and employment policy will play a significant role in the future of US-China trade relations, particularly as both leaders navigate their positions on fair competition, non-discriminatory environments for foreign companies, and the future of foreign student visas.
