In early May, after two intense days of negotiations in Switzerland, Washington and Beijing agreed to drastically suspend most tariffs imposed since April 2 for 90 days. After the start of a trade war 2.

President Trump announced that President Xi Jinping has agreed to resume the flow of rare earth minerals and magnets to the United States, potentially easing trade tensions. This follows a recent call between the leaders and temporary export licenses granted to U.

President Donald Trump said he had a lengthy phone call with Chinese President Xi Jinping on Thursday, as the leaders held their first known phone call of Trump’s term in an apparent effort to revive stalled trade negotiations.