Trump Xi Phone Call: US-China Trade War Update
President Trump and President Xi Jinping held a phone call, sparking hopes of easing the US-China trade war. This first known interaction of Trump’s second term fueled optimism, boosting pre-market stock trading on Thursday. While details are limited, this crucial discussion comes amid lingering trade disputes and trade war tensions marked by significant tariffs. The U.S. trade deficit with china saw a sharp drop in April, signaling the impact of existing tariffs. News Directory 3 is your source for breaking developments on this critical situation.Will this call lead to de-escalation and further trade negotiations? Discover what’s next as the world monitors the trade relationship between the U.S. and China.
Trump, Xi Discuss Trade Amid Tensions
Updated June 5, 2025
President Donald Trump and chinese President Xi Jinping spoke by phone Thursday, amid ongoing trade disputes between the two nations. Chinese officials stated the call occurred at the White House’s request, though details remained scarce.
The conversation marks the first known interaction between the leaders during Trump’s second term, although they had spoken before his inauguration. Trump had recently expressed frustration on social media regarding the difficulty of reaching a trade agreement with China.
News of the call spurred optimism among investors,leading to a rise in pre-market stock trading,fueled by hopes that easing tensions could stimulate trade. The U.S. and china have been engaged in a trade war, marked by escalating tariffs on billions of dollars’ worth of goods.
Current tariffs on Chinese imports into the U.S. stand at a minimum of 30%, a reduction from the previous 145% after a preliminary agreement in Geneva. This agreement also led China to lower its tariffs on U.S. imports from 125% to 10%.
Though,tensions resurfaced when Trump accused China of violating the Geneva understanding,prompting a reciprocal accusation from China. Trump’s focus remains on reducing the U.S. trade deficit with China.
Recent data indicates the trade gap narrowed substantially in April, suggesting the tariffs are having an impact. Commerce Department figures revealed a record drop in total imports, with the deficit falling to $19.7 billion, the lowest since March 2020.
“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!”
What’s next
The world watches to see if this phone call signals a genuine shift toward de-escalation in the U.S.-China trade relationship, or merely a temporary pause in ongoing tensions. Further negotiations are anticipated.