Trump and Xi Prepare for Key Call Amid Trade Tensions
TL;DR Summary
President Trump and Chinese leader Xi Jinping are expected to have a call soon, while Trump plans to sign an executive order to double steel and aluminum tariffs from 25% to 50%, amid ongoing trade tensions and disputes over compliance with trade agreements. The OECD has forecasted a slowdown in global growth due to tariffs, but the White House remains optimistic about negotiations, including upcoming trade offers from other countries.
- Trump, Xi Call Coming ‘Very Soon;’ Order Doubling Steel Tariffs Coming Later Today Barron's
- ‘The president is obsessed’: Trump fixates on Xi call amid faltering trade talks Politico
- Bessent Says China Has a ‘Choice’ on Whether or Not to Be a Reliable Partner Bloomberg
- President Trump's trade agenda is on hold as he waits on a call with Xi Jinping Yahoo Finance
- Morning Bid: Trump and Xi's big chat Reuters
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