U.S. President Donald Trump and Chinese President Xi Jinping spoke for nearly 1 hour and 30 minutes, seeking a breakthrough in the two countries' trade conflict. As the U.S.-China trade tensions have prolonged since Trump's inauguration, there is keen interest in whether negotiations between the two countries will progress.
On the 5th (local time), President Trump said on the social media platform Truth Social, "I just had a very good phone conversation with President Xi discussing the details of the trade agreement recently signed by the U.S. and China." He explained, "The phone conversation lasted for about 1 hour and 30 minutes and resulted in very positive conclusions for both countries."
Previously, the two countries reached an agreement to lower the tariffs imposed on each other by more than 100% by 115 percentage points for 90 days during a high-level meeting in Geneva, Switzerland, last month. However, the U.S. soon claimed that China was not lifting restrictions on exports of critical minerals and rare earths, while China argued that the U.S. was taking discriminatory actions, such as canceling student visas for Chinese nationals, leading to tensions.
Based on President Trump's announcement, it appears that the two leaders are focused on resolving earlier conflicts. In a post, President Trump stated, "There will be no further questions regarding the complexity of rare earth products," indirectly suggesting that the two leaders found common ground.
President Trump indicated that negotiations between the two countries would resume. He noted, "The negotiation teams from both countries will meet at a soon-to-be-decided location," and introduced the U.S. representatives as Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer.
Additionally, President Trump stated, "President Xi graciously invited the First Lady and me to visit China during the phone conversation," adding, "I responded positively to this invitation."