🌍 #TRUMP & Xi Set to Talk This Week Amid Trade Turbulence �
CryptoPotato
Updated at: 2 days ago
{"content":"🌍 #TRUMP & Xi Set to Talk This Week Amid Trade Turbulence 💬
📞 A Crucial Call on the Horizon
White House officials confirmed that President Trump and President Xi are likely to speak this week, as trade tensions rise again between the world’s two largest economies. 🌐
💼 What’s on the Table?
According to Treasury Secretary Scott Bessent, the leaders are expected to discuss:
Critical mineral disputes ⚙️
Chinese export restrictions 📉
Lingering trade disagreements despite prior negotiations 🧩
🕊️ Talks Amid Ongoing Tariffs
Although tariff exclusions on certain Chinese goods like solar manufacturing equipment have been extended till August 31, the core U.S. concerns about China’s export-driven economic structure remain unresolved. ⚠️
Bessent noted that while earlier Geneva talks led to a pause in the trade war, progress since then has been minimal. 🐢
⚖️ Courtroom Conflicts
In a legal twist, a U.S. trade court ruled that Trump had overstepped his authority in imposing tariffs. But just a day later, a federal appeals court reinstated them, putting the previous ruling on hold. 🧑⚖️⏳
Deadlines have now been set:
June 5 for plaintiffs
June 9 for government response
📈 Global Stakes
Earlier agreements to lower triple-digit tariffs sparked global market rallies 🌍📊, but failed to resolve fundamental issues. As anticipation builds around the Trump-Xi conversation, the world watches closely.
Will this call cool the trade war or stoke new flames? 🔥📞
Stay tuned!
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