The US requested the phone call on Thursday, according to Xinhua, a state-run newspaper in China. Trump had earlier stated that it was challenging to reach a deal with China.
Trump stated in the opening readout of the call that “I just had a very good phone call with Chinese President Xi to talk about some of the intricacies of our recently reached, and agreed to, Trade Agreement.” The call ended up being approximately one and a half hours long for both countries.
“The complexity of Rare Earth products should no longer be in question.” In due course, our respective teams will meet at a date that is not yet known. President Xi graciously invited the First Lady and I to China, and I accepted,” he continued.
Trump also noted that neither the Russia-Ukraine war nor the Iran nuclear talks were mentioned, and that the conversation was almost entirely focused on trade.
Trump had stated on Wednesday that he liked China’s President XI, and that he would always do so. However, he is VERY Tough AND VERY HARD TO MAKE A DEAL WITH! “!.
Chinese State TV quoted Xi as saying that after the call on Thursday, the two nations should work together for a successful outcome and that dialogue and cooperation are the only options available to both. He urged that the two sides respect each other’s needs.
Xi added that the US should take very “carefully” with the Taiwan issue.
In response to the Trump administration’s trade war, China and the US reached a 90-day deal on May 12 to lower tariffs, but tensions have persisted.
Beijing faced significant tariffs from Washington, but it eventually ceased because of concerns about a potential economic collapse between the world’s two largest economies.
Trump has been accused of causing significant economic disruptions before backtracking when China or the European Union retaliate with force.
The Trump administration has also threatened to revoke student visas for those affiliated with the Chinese Communist Party or who, according to the government, pose ambiguous threats to US national security. During the academic year 2023-2024, more than 277, 000 Chinese students enrolled in US universities.
China claimed that these actions, along with others that targeted China’s technology sector, violated the May-US temporary trade agreement.
According to a recent statement from Beijing’s Ministry of Commerce, “These practices seriously violate the consensus.”
Source: Aljazeera
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