Trump and Xi resume trade dialogue amid mounting tensions

The latest news on the United States and China. We now know that President Trump and President Xi spoke by phone on Thursday in an attempt to ease trade hostilities that have rattled markets and disrupted supply chains.

The fragile tariff rollback agreement reached in May remains on uncertain ground, as both sides exchange accusations. While the call marks a rare moment of direct engagement, few concrete details have emerged, so stay tuned for further updates.