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Economy
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Trade/Investment

Trump and Xi talk trade for more than an hour

Yesterday - by Staff reporter
Presidents Donald Trump and Xi Jinping have apparently agreed to regular face-to-face meetings. Source: Reuters
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US President Donald Trump and his Chinese counterpart, Xi Jinping, held a 90-minute telephone conversation on Thursday, primarily focused on trade relations between the world’s two top economies.

Initiated at Trump’s request, the call was described by both sides as “very positive”.

Discussions centred on ongoing trade disputes, including the imposition of tariffs and the strategically significant issue of rare earth exports.

Both leaders reportedly agreed to facilitate further face-to-face meetings between their respective trade delegations in the near future.

Multiple reputable sources – including statements from the US Embassy in China and coverage by major news organisations such as Reuters, CNN and CNBC – have corroborated the details of the conversation.

The dialogue comes in the wake of a recently agreed 90-day moratorium on new tariffs, as both nations seek to de-escalate tensions that have weighed heavily on the global economy.

While the White House had not immediately issued an official statement, confirmation from Chinese officials and Trump’s posts on social media supported the timing, duration and substance of the call.

This latest exchange represents a meaningful step towards resolving the protracted trade disputes between the world’s two largest economies.

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