President Donald Trump revealed Thursday that he spoke to Chinese leader Xi Jinping about trade deals and that there would be an update coming “soon” on a meeting in China.
Trump posted on Truth Social that he had an hour and a half phone call with Xi discussing “the intricacies” of the recent trade deal the two countries made. The president added that the Chinese leader had invited him and the first lady to visit China and that details on a trip would be announced later. (RELATED: EXCLUSIVE: Harvard Commencement Speaker Worked For Org Tied To China’s Military)
“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,” Trump wrote.
“The conversation was focused almost entirely on TRADE. Nothing was discussed concerning Russia/Ukraine, or Iran. We will inform the Media as to scheduling and location of the soon to be meeting. Thank you for your attention to this matter,” he added.
The White House announced on May 12 that the United States had struck a deal with China to reduce their tariffs. As a part of the deal, the U.S. and China each lowered their tariffs by 115% while retaining an additional 10% tariff. Most tariffs were suspended for 90 days by both countries.
Later, on May 30, Trump wrote in a Truth Social post that China had violated its agreement with the United States.
“I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn’t want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual. Everybody was happy! That is the good news!!!” Trump wrote.
“The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!” he continued.
China disputed that it had violated the agreement, arguing that the Trump administration increasing export restrictions on semiconductor design software and chemicals to China, while also trying to ban Harvard University from enrolling international students, was a breach of its deal, according to CNBC.
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