China, Trump and Xi
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Asked by a reporter aboard Air Force One whether Xi had agreed to do so ... "We're very far advanced on the China deal," Trump told reporters on Friday. The countries struck an agreement on May 12 in Geneva, Switzerland, to roll back for 90 days most ...
Mr. Trump said in a post on Truth Social that his call with Xi Jinping, China’s top leader, had focused entirely on the trade relationship between the nations, which has soured in recent months in a dispute over the export of critical minerals used in an array of industries.
China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issues that have stoked tensions between the world's two largest economies unresolved.
Confirmation by the Trump Administration of a phone call between President Trump and Chinese President Xi sent Treasury yields higher.
U.S. stock futures rose after reports Trump and Xi spoke on the phone, triggering hopes of a US-China trade deal soon.