Trump Says Held 'Very Good Phone Call' With Xi, Teams To Meet Shortly

Dow Jones06-05
  • President Donald Trump said that trade officials from the U.S. and China will be meeting soon at a to-be-determined location.

  • The announcement came after Trump spoke with Chinese President Xi Jinping for approximately 90 minutes.

  • The call was initiated by Trump, Beijing’s Ministry of Foreign Affairs said.

President Donald Trump said Thursday that trade officials from the U.S. and China will be meeting soon at a to-be-determined location.

Trump announced the upcoming talks after concluding a lengthy phone call with Chinese President Xi Jinping.

The “very good” call between the two leaders lasted approximately 90 minutes and focused “almost entirely” on trade, Trump said on Truth Social.

It “resulted in a very positive conclusion for both Countries,” Trump wrote.

The U.S. will be represented in the upcoming meeting by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer, Trump said.

Details about both Trump’s call with Xi — their second this year — and the meeting were scant.

Trump said the call “resulted in a very positive conclusion for both Countries,” adding, “There should no longer be any questions respecting the complexity of Rare Earth products.”

He also noted that he and Xi did not discuss any matters related to Russia, Ukraine or Iran.

The U.S. president added that Xi invited him and first lady Melania Trump to visit China, “and I reciprocated.”

Beijing’s Ministry of Foreign Affairs and China’s embassy in the U.S. said earlier Thursday that Trump had requested the call with Xi.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • beil
    06-05
    beil
    Definitely get slapped this tump. 
Leave a comment
1
1