Xi Jinping, Donald Trump Hold Reported Trade Talks Ending Tariff Truce

U.S. President Donald Trump and Chinese President Xi Jinping recently spoke by phone, ending a months-long stalemate amid ongoing trade tensions between the two nations. This call followed Trump's accusation that China violated a trade truce established in May, when tariffs were temporarily reduced. Despite the conversation, Trump described Xi as "very tough" and "extremely hard to make a deal with," casting doubt on the ease of future negotiations. Chinese officials emphasized that mutual respect, equality, and cooperation remain essential for stable U.S.-China relations, with Foreign Minister Wang Yi urging the U.S. to meet China halfway to restore bilateral ties. Reports indicated that Beijing is cautious about engaging in unpredictable encounters with Trump, especially after his contentious interactions with other world leaders. The trade talks remain critical for global markets, with both sides having suspended certain tariffs for 90 days but still facing challenges over issues like critical mineral exports.