Trump Dials Xi Jinping Amid China-US Tariff War
The ongoing tariff war between the United States and China has taken a new turn with US President Donald Trump making a surprise call to his Chinese counterpart, Xi Jinping. The call was initiated by Trump, according to the Chinese Embassy in the US, and comes at a time when the trade tensions between the two nations have escalated.
The phone call was a rare direct conversation between the two leaders, who have been engaged in a bitter trade war for months. The trade tensions have led to the imposition of tariffs on billions of dollars’ worth of goods by both countries, causing significant economic damage to both nations.
Trump’s decision to call Xi Jinping was unexpected, given the strained relations between the two leaders. The US President has been critical of China’s trade practices and has accused the country of not playing by the rules. China, on the other hand, has retaliated by imposing tariffs on US goods, including soybeans, pork, and aircraft.
In a tweet, Trump had posted that he likes Xi Jinping, but added that he is “very tough” and “extremely hard to make a deal with”. The tweet sparked speculation about the possibility of a deal between the two leaders, which has been elusive so far.
The phone call between Trump and Xi Jinping is seen as a significant development in the ongoing trade war. It is unclear what was discussed during the call, but the fact that the two leaders have spoken directly is a positive sign. The call comes ahead of a meeting between the two leaders at the G20 summit in Japan later this month.
The tariff war between the US and China has had significant economic implications for both nations. The US has imposed tariffs on over $360 billion worth of Chinese goods, while China has retaliated by imposing tariffs on over $110 billion worth of US goods. The trade war has caused significant damage to the global economy, with many experts warning of a potential recession.
Despite the tensions, there are signs that the two sides are willing to make a deal. China has made significant concessions in recent weeks, including agreeing to increase its purchases of US agricultural products. The US, on the other hand, has shown flexibility on its demands, including the removal of some tariffs.
The phone call between Trump and Xi Jinping is seen as a significant development in the ongoing trade war. It is unclear what was discussed during the call, but the fact that the two leaders have spoken directly is a positive sign. The call comes ahead of a meeting between the two leaders at the G20 summit in Japan later this month.
The US and China are the world’s two largest economies, and the trade war between them has significant implications for the global economy. The trade war has caused significant damage to global trade, with many countries feeling the impact. The phone call between Trump and Xi Jinping is a positive sign that the two sides are willing to make a deal and move forward.
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