US President Donald Trump has said that he had a “good conversation” with his Chinese counterpart, Xi Jinping, and they straightened out any complexity. He stated that the US has a deal with China, but they were straightening out some of the points.
Speaking to reporters at the White House on Thursday, he stated that Xi Jinping invited him to China, and he has accepted the invitation. He mentioned that he has also invited Xi to the US. Trump stated that US is in “very good shape” with China and the trade deal.
Regarding his telephonic conversation with Xi Jinping, Trump said, “We had a very good talk and we’ve straightened out any complexity. It’s very complex stuff, and we straighten it out. The agreement was we’re going to have Scott and Howard, and Jameson will be going and meeting with their top people and continuing it forward. But no, I think we have everything. I think we’re in very good shape with China and the trade deal. We have a deal with China, as you know, but we were straightening out some of the points, having to do mostly with rare earth, magnets and some other things.”
When asked whether the reduced trade tariff rates remain in effect, Trump stated, “Those reduced trade tariff rates, they remain in effect? We have the deal. I mean, we’ve had a deal. And we’ll be, I guess you could say, I wouldn’t even say finalising it up, I would say we have a deal and we’re going to just make sure that everybody understands what the deal is. We had a really good conversation. By the way, he invited me to China, and I invited him here. We both accepted. So, I’ll be going there with the First Lady at a certain point. He’ll be coming here, hopefully, with the First Lady of China.”
Trump also shared details regarding his conversation with Xi on his social media platform Truth Social. He stated that the call lasted for one and a half hours and resulted in a “very positive conclusion of both nations.”
He stated that the teams of the US and China will hold a meeting, and the US will be represented by Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer.
In a post on Truth Social, Trump stated, “I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal. The call lasted approximately one and a half hours and resulted in a very positive conclusion for both Countries. There should no longer be any questions respecting the complexity of Rare Earth products.”
“Our respective teams will be meeting shortly at a location to be determined. We will be represented by Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer. During the conversation, President Xi graciously invited the First Lady and me to visit China, and I reciprocated. As Presidents of two Great Nations, this is something that we both look forward to doing. The conversation was focused almost entirely on TRADE. Nothing was discussed concerning Russia/Ukraine or Iran. We will inform the Media as to the scheduling and location of the upcoming meeting. Thank you for your attention to this matter,” he added.
The talks between the two leaders come days after Trump accused China of breaching a deal negotiated between officials of the two nations in Geneva last month to roll back high tariffs for 90 days. However, China rejected Trump’s allegations on Monday and accused the US of provoking “new economic and trade frictions.”