Donald Trump and Xi Jinping's Call: A Breakthrough in Tense Trade Relations
Trump discusses tariff-related matters with the Chinese leader in a conversation.
In some exciting news, it seems President Donald Trump and Chinese leader Xi Jinping finally had that long-anticipated chat - though the White House is yet to officially confirm this exchange. According to sources, CNN got wind of the conversation from a "knowledgeable insider," while state-controlled Chinese media also reported the call.
This catch-up marked the first high-level contact between Beijing and Washington in quite some time. Prior to this, the last time Trump and Xi Jinping spoke was on January 17, just days before Trump's inauguration. The delay in communication was somewhat attributed to concerns over Trump's unpredictable nature during conversations, but it appears the U.S. president was really keen for this talk.
Chinese officials had held off on setting up the call due to worries about Trump's behavior. However, they surely couldn't ignore the infamous spat Trump had with Volodymyr Zelensky in the Oval Office and the humiliating reception of South African President Cyril Ramaphosa. They likely wanted to prevent any similar situations, even in a private leaders' conversation.
Last Friday, Trump accused China of going back on the agreement on mutual tariff reduction they'd reached early May during their trade talks. If this phone call did occur, it may be a step forward in resolving those issues and potentially softening trade tensions. Under the agreed deal, the U.S. was to temporarily lower tariffs on Chinese goods from an astounding 145% to 30%, and China was to cut tariffs on U.S. imports from 125% to 10%. The two parties also agreed to set up a "mechanism for continuing discussions on economic and trade relations."
Implications of the Call:
- Possible Trade Negotiations: The resumption of trade talks could lead to reduced tariffs or other trade barriers, potentially benefiting both economies.
- Geopolitical Stability: Improved communication between the U.S. and China could help reduce other geopolitical tensions and foster cooperation on global issues.
- Economic Impact: A successful trade negotiation could have a positive effect on global markets and trade balances, although the outcome remains uncertain.
All in all, this call indicates a willingness from both parties to engage in diplomatic efforts aimed at resolving trade disputes, which could have significant implications for global economic stability and bilateral relations.
- In the realm of international politics, the much-awaited conversation between President Donald Trump and Chinese leader Xi Jinping could signal a shift in policy-and-legislation and war-and-conflicts, particularly regarding trade-related issues.
- The reported phone call between Trump and Xi Jinping might not only impact their nations' trade-relations but also contribute to general-news, as it has the potential to affect global economic stability and geopolitical tensions.
