Trump and Xi speak on phone amid tariff standoff
President Donald Trump and Chinese President Xi Jinping recently spoke on the phone for the frist time since Trump returned to the White House, as reported by Chinese state media. The call, initiated by Trump, occurs amid rising tensions between the U.S. and China over trade and tariff issues. In response to Trump’s policies, China has implemented export controls on rare earth minerals and magnets critical for various U.S. industries, including automotive and defense. Although the conversation was reported by xinhua News Agency, the White House has yet to confirm it, and a request for comment from the chinese Embassy in Washington was not returned. following negotiations in geneva, Trump had recently lowered tariff rates from 145% to 30%, while china reciprocated by reducing its tariff on U.S.goods from 125% to 10%.
Trump and Xi speak on phone amid tariff standoff
President Donald Trump and Chinese President Xi Jinping spoke on the phone Thursday morning, the first time the pair has had a conversation since Trump’s return to the White House, according to Chinese state media.
The phone call, which China underscored in Xi’s readout was at Trump’s request, comes amid increasing tensions over Trump’s trade and tariff policy, as China retaliates with export controls on several rare earth minerals and magnets critical to the U.S.’s automotive, defense, and energy industries.
Xinhua News Agency reported the Trump-Xi phone call, but the White House has yet to confirm the conversation. A spokesperson for the Chinese Embassy in Washington, D.C., did not respond to the Washington Examiner’s request for comment.
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Against the backdrop of legal challenges to his trade policy, Trump decreased the 145% tariff rate on Chinese goods to 30% last month after the two sides sat down for negotiations in Geneva, Switzerland. China responded in kind by dropping its respective rate on U.S. goods from 125% to 10%.
Treasury Secretary Scott Bessent previewed the prospect of the call last weekend after Trump himself told reporters he expected to speak with Xi last month.
This story is developing.
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