Trump Seeks Direct Talks with Xi Following U.S.-China Tariff Truce

President Donald Trump indicated he might engage directly with Chinese President Xi Jinping to finalize a U.S.-China trade agreement following a recent breakthrough in talks aimed at reducing tariffs and easing trade tensions. The U.S. and China agreed to a temporary tariff truce, lowering U.S. tariffs on Chinese goods from combined rates as high as 145% to 30%, and Chinese tariffs on U.S. goods from 125% to 10%, marking a significant reset in trade relations. Trump described the outcome as a “total reset” and suggested he might speak with Xi by the end of the week. This development comes after productive discussions in Geneva involving top trade officials from both countries, generating optimism in global financial markets. The tariff reductions aim to ease the ongoing trade war that has disrupted global supply chains and economic stability. Trump’s openness to direct talks and the tariff truce signal a potential de-escalation in the prolonged economic conflict between the two largest economies.