Trump expected to talk trade negotiations ‘this week’ with China’s Xi: Hassett

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White House Economic Adviser Kevin Hassett announced that President Donald Trump was expected to speak with Chinese President Xi Jinping “this week” to restart stalled trade negotiations. The call—which did occur on June 5—marked the first direct communication between the two leaders since Trump’s return to office. Despite ongoing disputes over tariffs, mineral exports, and tech restrictions, the 90-minute conversation was described as “very good” by Trump, with both sides agreeing to temporarily lower tariffs and resume formal talks. While tensions remain high, this renewed dialogue signals a cautious step toward de-escalating the U.S.-China trade standoff.