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Trump announces more U.S.-China trade talks after 90-minute call with Xi

On Thursday, June 5, 2025, U.S. President Donald Trump and Xi Jinping of China engaged in a 90-minute telephone discussion, marking their first direct exchange in several months amid ongoing trade disputes.
The call followed stalled trade negotiations after a May 12 agreement that reduced tariffs but faced accusations of violations from both sides, causing escalating tensions.
During the call, Trump described it as having a very positive conclusion, while China urged reversing U.S. negative trade measures and emphasized careful bilateral cooperation.
U.S. stocks dipped following the call despite Alibaba ADR climbing 1.13%, and analysts warned negotiators face major challenges due to deep mistrust and complex trade issues.
Trump announced that respective teams, including top U.S. trade officials, will meet soon to resume talks aimed at resolving tariff disputes and rare earth mineral supply concerns.

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The New York Sun

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