In a recent 90-minute call between United States President Donald Trump and Chinese President Xi Jinping, trade was the main focus of discussion. This call, which took place on Thursday, marks the first direct communication between the two leaders since the outbreak of the COVID-19 pandemic.
According to sources, the call was initiated by President Trump to discuss the ongoing trade negotiations between the two countries. The leaders also took the opportunity to address the current global economic situation and the impact of the pandemic on trade.
During the call, President Trump expressed his optimism about the progress of the trade talks and the potential for a mutually beneficial agreement between the two nations. He also emphasized the importance of a fair and balanced trade relationship between the US and China.
President Xi, on the other hand, reiterated China’s commitment to the phase one trade deal signed in January, which includes significant purchases of US goods and services by China. He also expressed his willingness to work towards a phase two deal that would further improve the trade relationship between the two countries.
The call comes at a crucial time as the world continues to grapple with the economic fallout of the pandemic. Both leaders recognized the importance of cooperation and coordination in overcoming the challenges posed by the current situation. They also discussed the need for global solidarity and unity in the fight against COVID-19.
The positive tone of the call is a reflection of the efforts made by both countries in recent months to improve their trade relationship. In January, the US and China signed a phase one trade deal, which was seen as a major step towards resolving the trade tensions between the two nations.
Since then, China has taken significant steps to fulfill its commitments under the deal, including increasing purchases of US agricultural products and opening up its financial markets to foreign investors. These actions have been welcomed by the US, and President Trump has repeatedly praised China for its efforts.
The call between the two leaders also sends a strong message to the rest of the world that despite their differences, the US and China are willing to work together towards a mutually beneficial trade relationship. This is especially important at a time when the global economy is facing unprecedented challenges due to the pandemic.
The positive outcome of the call has been welcomed by businesses and investors around the world. It has provided a sense of stability and reassurance in the midst of the economic uncertainty caused by the pandemic.
In addition to trade, President Trump and President Xi also discussed the importance of cooperation in other areas, including public health and scientific research. This highlights the potential for collaboration between the two nations in addressing global issues and promoting peace and stability.
The 90-minute call between President Trump and President Xi is a significant step towards strengthening the trade relationship between the US and China. It reflects the commitment of both leaders to work towards a mutually beneficial agreement and sets a positive tone for future negotiations.
As the world continues to navigate the challenges posed by the pandemic, it is heartening to see two major world leaders coming together to discuss solutions and cooperation. This call serves as a reminder that in times of crisis, it is important for nations to put aside their differences and work towards a common goal.
In conclusion, the 90-minute call between President Trump and President Xi focused on trade and highlighted the potential for a stronger and more balanced trade relationship between the US and China. It also demonstrated the willingness of both leaders to work together towards a common goal, setting a positive tone for future negotiations and cooperation.
