Trump speaks to Xi on trade, says talks between U.S. and China will resume soon

Washington — President Trump spoke to Chinese President Xi Jinping on Thursday morning about the ongoing trade dispute between the U.S. and China, with Mr. Trump saying the two leaders agreed to have their teams resume talks "shortly."

Mr. Trump wrote on Truth Social that he and Xi spoke for 90 minutes and addressed a number of outstanding issues surrounding a temporary truce reached on May 12 that was meant to alleviate the escalating trade war between the two countries. He said the conversation "was focused almost entirely on TRADE" and "resulted in a very positive conclusion for both Countries."

Under the May 12 deal , the U.S. agreed to reduce tariffs on Chinese goods to around 30% from 145%, while China reduced its levies on American imports to 10%. The 90-day accord was mea