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Trump, Xi Agree to More Trade Talks as Rare Earths Dispute Cools

  • On June 5, 2025, U.S. President Donald Trump and Chinese President Xi Jinping held a phone call to advance trade talks and address rare earth mineral exports.
  • The call followed a May 12 agreement in Geneva to roll back tariffs for 90 days and resume negotiations after China halted rare earth exports in April, escalating tensions.
  • During the call, both leaders discussed trade intricacies, with Xi inviting Trump to visit China and agreeing to ease export restrictions on critical minerals and magnets.
  • Trump described the conversation as "very good" and announced the negotiating teams would meet soon, noting China cut tariffs from 145% to 30% and allowed rare earth shipments to resume.
  • The dialogue aims to stabilize bilateral relations and global markets, though both sides recognize challenges remain and further face-to-face talks are necessary to sustain progress.
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Zeit OnlineZeit Online
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saarbruecker-zeitung.desaarbruecker-zeitung.de
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Here you can find information on the topic "Trade Conflict". Read now "China confirms upcoming trade talks with the USA".

·Germany
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hna.dehna.de
+7 Reposted by 7 other sources
Center

Most recently, China and the US had agreed to a temporary break in the customs dispute in Switzerland. However, the list of problems is still long.

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epochtimes.de broke the news in on Friday, June 6, 2025.
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