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Trump and Xi Signal Easing Trade Tensions in Call

6/7/2025

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Summary

Story summary

In a significant 90-minute phone call, U.S. President Donald Trump and Chinese President Xi Jinping hinted at easing trade tensions. They tackled critical issues surrounding rare earth minerals and committed to restarting trade discussions. The markets responded with optimism, yet lingering uncertainties about future negotiations and economic repercussions loom over both nations.

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Story summary

In a significant 90-minute phone call, U.S. President Donald Trump and Chinese President Xi Jinping hinted at easing trade tensions. They tackled critical issues surrounding rare earth minerals and committed to restarting trade discussions. The markets responded with optimism, yet lingering uncertainties about future negotiations and economic repercussions loom over both nations.