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U.S.-China Trade Talks Stalled as Leaders Dispute Recent Communication

Both nations confirm no active negotiations on tariffs, with conflicting accounts over a recent Trump-Xi phone call fueling uncertainty.

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Overview

  • Chinese and U.S. officials provide contradictory statements on whether Presidents Trump and Xi spoke recently about the trade dispute.
  • China's foreign ministry confirmed no consultations or negotiations on tariffs are currently taking place between the two governments.
  • Treasury Secretary Scott Bessent acknowledged a lack of progress in trade talks, stating he has not planned to contact his Chinese counterpart.
  • President Trump claimed in a recent interview that Xi Jinping had called him, but Beijing denies this, citing no recent communication between the leaders.
  • The trade war continues with record-high tariffs, including up to 145% on Chinese goods and a 10% universal tariff, while selective waivers and pauses prolong global economic uncertainty.