Key insights and market outlook
US President Donald Trump and Chinese President Xi Jinping held their first phone conversation since the trade truce, discussing sensitive issues including US soybean purchases and the Ukraine-Russia conflict. Trump called the conversation "very good" and mentioned an invitation to visit China in April next year 1
US President Donald Trump and Chinese President Xi Jinping held their first phone conversation since the recent trade truce agreement on Monday 1
The phone call comes at a time when US-China relations are showing signs of stabilization following the trade truce agreement. However, tensions between the US and European Union are escalating over issues related to digital regulation and tariffs. Trump highlighted that the conversation included discussions on various trade issues, particularly benefiting US farmers through soybean exports 2
US-China Phone Call
Trade Truce Discussion
Ukraine-Russia Conflict Mentioned