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Trump and Xi hold long-awaited trade call | CNN Politics


President Donald Trump held a long-awaited phone call Thursday with China's Xi Jinping, a person familiar with the matter said, as the two leaders tussle over trade policy.

The article begins by setting the context of the call, noting that it comes at a time when both countries are grappling with the economic fallout from the global health crisis and the ongoing trade war that began during Trump's presidency. The trade war, initiated in 2018, saw the U.S. imposing tariffs on billions of dollars worth of Chinese goods, prompting retaliatory measures from China. This tit-for-tat escalation led to significant disruptions in global supply chains and a slowdown in economic growth for both nations.
According to the article, the call between Trump and Xi was described as "cordial and productive" by sources familiar with the matter. The two leaders reportedly discussed a range of issues, with trade being the primary focus. Trump, who has been vocal about his dissatisfaction with the current state of U.S.-China trade relations, expressed his desire to see a more balanced and fair trade relationship between the two countries. Xi, on the other hand, emphasized China's commitment to working towards a resolution that would benefit both nations.
One of the key points of discussion during the call was the possibility of renegotiating the Phase One trade deal that was signed in January 2020. The deal, which was seen as a temporary truce in the trade war, included commitments from China to purchase an additional $200 billion worth of U.S. goods over two years. However, China fell short of meeting these targets, leading to renewed tensions between the two countries. Trump, during the call, reportedly expressed his frustration with China's failure to meet its obligations under the deal and suggested that a new agreement might be necessary to address the ongoing issues.
The article also delves into the broader implications of the call for U.S.-China relations. It notes that the conversation between Trump and Xi comes at a time when the Biden administration is also seeking to engage with China on a range of issues, including trade, climate change, and human rights. The Biden administration has taken a more diplomatic approach to dealing with China, emphasizing dialogue and cooperation over confrontation. However, the article suggests that Trump's call with Xi could complicate these efforts, as it may be perceived as an attempt to undermine the current administration's strategy.
Furthermore, the article explores the potential impact of the call on global markets. It notes that investors have been closely watching developments in U.S.-China trade relations, as any progress towards a resolution could have significant implications for global economic growth. The call between Trump and Xi was seen as a positive development by some market analysts, who believe that it could pave the way for further negotiations and potentially lead to a more stable trade relationship between the two countries.
The article also provides insights into the domestic political context surrounding the call. It notes that Trump, who is currently running for the Republican nomination in the 2024 presidential election, has been using his tough stance on China as a key part of his campaign. The call with Xi was seen by some political observers as an attempt by Trump to demonstrate his ability to engage with world leaders and negotiate on behalf of the United States. However, critics of Trump have questioned the timing and motives behind the call, suggesting that it may be more about political posturing than genuine efforts to resolve the trade issues.
In addition to the political and economic aspects, the article also touches on the personal dynamics between Trump and Xi. It notes that the two leaders have had a complex relationship over the years, with moments of both cooperation and confrontation. The call, according to the article, was seen as an opportunity for the two leaders to reset their relationship and work towards a more constructive dialogue.
The article concludes by emphasizing the uncertainty surrounding the future of U.S.-China trade relations. While the call between Trump and Xi was seen as a positive step, the article notes that there are still many challenges that need to be addressed before a lasting resolution can be reached. It suggests that the coming months will be crucial in determining whether the two countries can find common ground and work towards a more stable and mutually beneficial trade relationship.
Overall, the article provides a comprehensive overview of the recent call between Trump and Xi, highlighting its significance in the context of ongoing trade tensions between the United States and China. It delves into the political, economic, and personal aspects of the conversation, offering insights into the potential implications for global markets and U.S.-China relations. The article also underscores the challenges that lie ahead and the need for continued dialogue and cooperation between the two nations.
Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/05/politics/trump-xi-trade-call ]
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