Trump: I like President Xi of China, always have, and always will, but he is very tough and extremely hard to make a deal with

Trump: I like President Xi of China, always have, and always will, but he is very tough and extremely hard to make a deal with

US President Donald Trump and Chinese President Xi Jinping are set to hold trade talks this week, according to White House officials. The meeting is expected to address long-standing trade disputes between the world's two largest economies, including critical mineral exports and semiconductor trade restrictions [1].

The White House has indicated that the meeting is "likely" to take place, but doubts remain about its potential to resolve the deep trade disputes. Trump is reportedly "obsessed" with having a direct phone call with Xi, believing it will help resolve the trade issues. However, this approach may be challenging, as it ignores the complexities of the US-China trade relationship [1].

The trade talks come amidst heightened tensions between the two nations. Over the weekend, both sides exchanged charges over trade restrictions and tariffs, raising the stakes of the upcoming call. The US has accused China of violating the 90-day trade truce by not loosening trade restrictions for critical minerals, while China has denied these allegations and accused the US of its own actions to undermine the deal [2].

National Economic Council Director Kevin Hassett has suggested that trade negotiations with other nations are being held up by the wait for this call between Trump and Xi. However, it remains unclear whether the call will resolve the growing issues between the two leaders [2].

Former acting White House Chief of Staff Mick Mulvaney has expressed doubt about Trump's ability to strike a deal with Xi Jinping. Mulvaney highlighted a fundamental disconnect between the two leaders' approaches to diplomacy. Trump prefers direct engagement, while Xi usually negotiates through advisers before any leader-level engagement [3].

The upcoming meeting will be a delicate balance of diplomatic efforts and economic interests. While both leaders have expressed a willingness to work together, the complex issues at hand may require more than just a phone call to resolve. The outcome of these talks will have significant implications for global trade and the economies of both nations.

References:
[1] https://en.bitcoinsistemi.com/date-set-for-us-president-donald-trumps-talks-with-chinese-president-xi-jinping-heres-the-critical-day/
[2] https://finance.yahoo.com/news/president-trumps-trade-agenda-is-on-hold-as-he-waits-on-a-call-with-xi-jinping-124449742.html
[3] https://www.benzinga.com/news/politics/25/06/45740331/trumps-man-to-man-diplomacy-wont-work-with-xi-jinping-warns-former-white-house-chief-of-staff-as-tariff-deadlock-continues