The president of the United States, Donald Trump, called his telephone conversation on Thursday with the Chinese counterpart Xi Jinping a “very good phone call” and declared that the respective teams of the countries “will meet shortly.”
Previously, the China state news agency Xinhua He informed that the call took place at Trump’s request, since bilateral relations have been tensioned by commercial disputes.
In a publication on the Truth Social Social Network Platform, Trump wrote that the call of an hour and a half discussed the “complexities of the commercial agreement” and that “it resulted in a very positive conclusion for both countries.”
“There should no longer be any questions about the complexity of rare earth products. Our respective teams will meet shortly in a place to determine,” the president wrote, adding that the United States will be represented by the secretary of the Treasury, Scott Besent, the secretary of Commerce Howard Lutnick and the United States trade representative Jamieson Greer.
The post added that XI “gently invited” Trump and the first lady Melania to visit China, and the president of the United States reciprocal the offer.
“As [the] Presidents of two great nations, this is something we both hope to do, “Trump wrote.” The conversation was almost completely focused on trade. Nothing was discussed about Russia/Ukraine or Iran. “
The publication concluded by stating that the president “would inform the media” about where and when the delegations of the two countries will meet.
Meanwhile, Xi told Trump that both nations need to “correct the course” of bilateral relations, according to Xinhua.
“Correct the course of the great ship of Chinese-State relations requires that we make a good path and establish the address, especially to eliminate all kinds of interference and even destruction, which is particularly important,” he said.
In addition, XI warned Trump that the United States “should handle Taiwan’s question with caution” to avoid “separatists of” Taiwan independence “that drag China and the United States to the danger of conflict and confrontation.”
The long -awaited call occurs amid accusations between Washington and Beijing in recent weeks for critical minerals in a dispute that threatens to tear a fragile truce in the commercial war between the two largest economies.
The countries reached a 90 -day agreement on May 12 to withdraw some of the triple digit and tit rates per eye that had placed together since the inauguration of Trump in January.
Although the actions recovered, the temporary agreement did not address broader concerns that tense the bilateral relationship, from the illicit fentanyl trade to the state of Taiwan’s complaints and the United States about the economic model dominated by the state of China.
Since he returned to the White House in January, Trump had repeatedly threatened a series of punitive measures on commercial partners, only to revoke some of them at the last minute.
The approach again and again has baffled world leaders and spooky business executives, who say that uncertainty has hindered the forecast of market conditions.
China’s decision in April to suspend exports of a wide range of minerals and critical magnets continues to interrupt the supplies that need car manufacturers, chip manufacturers and military contractors worldwide.
Beijing sees mineral exports as a source of leverage: stopping these exports could exert internal political pressure on the president of the United States if economic growth sinks because companies cannot produce products with minerals. The 90 -day agreement to reverse rates and commercial restrictions is dim.
Trump accused China of violating the agreement and has ordered curbs in the chip design software and other shipments to China. Beijing rejected the claim and threatened the countermeasures.
Despite Trump’s impulse for a call or a meeting with XI, China rejected that it did not agree with its traditional approach to resolve the details of the agreement before the leaders speak.
The president of the United States and his assistants see leader to leader as vital to classify the James of trunks that have bothered the inferior level officials in difficult negotiations.
It is not known when the two men spoke for the last time.
The conversations are being observed closely by investors concerned that a chaotic commercial war can reduce corporate profits and interrupt supply chains in the key months before the Christmas shopping season. Trump’s tariffs are also in accordance with the ongoing litigation in the courts of the United States.
