Trump and Xi have held their long-awaited call: Chinese state media [View all]

Source: Yahoo! Fnance

Updated Thu, June 5, 2025 at 9:41 AM EDT


A call between US President Donald Trump and Chinese President Xi Jinping has taken place, according to Chinese state media. The bulletin from China was not immediately confirmed by Trump or his team, with the Chinese offering no immediate details about the call itself other than to say the talks took place and that they happened at Trump’s request.

Either way the apparent call would be a significant step in Trump’s highest stake trade talks and appears to be the first time Trump and Xi have spoken since Trump inauguration.

The long-awaited call also comes at a fraught moment for US-China trade talks, which Treasury Secretary Scott Bessent has described as “stalled.”

The path towards an eventual trade deal with China — or at least continued de-escalation after a trade truce in May lowered tariffs by 115 percentage points for 90 days — has been in question especially after a recent Trump social media missive took aim at Xi personally by saying that dealing with the leader is "extremely hard."

Read more: https://finance.yahoo.com/news/trump-and-xi-have-held-their-long-awaited-call-chinese-state-media-134121443.html