“We’re going to solve a lot of problems together,” Trump said. “And we’re going to do it very soon.” | Economy
President Donald Trump spoke Thursday with Chinese leader Xi Jinping in a wide-ranging phone call that marked a reset in U.S.-China trade relations and, according to the president, resolved key disputes over the export of rare earth minerals.
Trump described the 90-minute call as “very productive,” saying both sides had agreed to resume trade talks soon and that he and Xi had exchanged invitations to visit each other’s countries. “The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both Countries,” Trump posted on social media. “There should no longer be any questions respecting the complexity of Rare Earth products.”
Speaking to reporters afterward, Trump said the conversation was focused “mostly on rare earth magnets and some other things,” and that the two sides had “straightened out any complexity.” He added, “I think we’re in very good shape with China and the trade deal.”
The renewed diplomatic engagement comes after tensions flared in recent weeks, with each side accusing the other of violating a tariff truce struck in Geneva last month. U.S. officials had said China was slow-walking export licenses for rare earth minerals—materials critical to the auto, defense, and electronics sectors—while Beijing objected to new U.
