Trump and Xi talk on phone as tariff battle continues

1 day ago 5

President Donald Trump and Chinese President Xi Xinping held a telephone telephone Thursday amid ongoing tensions betwixt the 2 superpowers.

Chinese authorities media and the Chinese overseas ministry said that the telephone happened astatine the White House's request. No different accusation was instantly made public. The Chinese overseas ministry said Thursday greeting that the telephone was ongoing arsenic of 9 a.m. ET.

Trump had posted to societal media aboriginal Wednesday astir his frustrations with the authorities of talks.

“I similar President XI of China, ever have, and ever will, but helium is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” Trump wrote astatine 2:17 a.m.

Stocks ticked higher successful pre-market trading upon quality of the call.

The U.S. and China person been locked successful a heated commercialized warfare since the aboriginal days of Trump's 2nd administration, with volleys of tariffs and retaliatory tariffs ratcheting up duties connected billions of dollars worthy of goods.

The White House and the Chinese embassy did not instantly instrumentality requests for comment.

Rob Wile

Rob Wile is simply a Pulitzer Prize-winning writer covering breaking concern stories for NBCNews.com.

Evelyn Cheng, CNBC

Evelyn Cheng is simply a elder analogous with CNBC.

Read Entire Article