US President Donald Trump and Chinese President Xi Jinping made a phone call on Thursday, the Chinese state media said, as the conversation between the two countries on the controversial trade tariff is trapped in a gridlock that collided the global markets.On Thursday, the discussion suggested Trump that it was difficult to reach a deal with Xi. “I like the President of Chinese, Xi, always, and always, but he is very difficult, and very difficult to make a deal !!!” Trump wrote on Truth Social yesterday.
The conversation between the US and China started temporarily resumed to reduce tariffs on May 12, but no success has been followed. There is an intense race for economic dominance behind the deadlock. China, Trump said, “Slow -moving” conversation, while Beijing insisted that it is clinging to its principles.Trump also received a call a few hours after the tariff doubled on the tariff, leading to aluminum and steel levy to 25% to 50%, extending tension further with colleagues such as Canada and Mexico, who immediately threatened retaliation.Also read:Harvard vs Trump Round Two: US blocks foreign students on national security concernsChina’s earlier April Tariff Blitz was hit by the most difficult to kill China, with additional duties up to 145%. This responded with counterants on American goods reaching 125%. A temporary spontaneity agreed last month now appears delicate.While the White House indicated on a Xi-Trum call to reduce stress, Trump’s rhetoric suggested the contrary. In response, Chinese Foreign Ministry spokesman Lynn Gian reiterated that Beijing’s approach to our relationship remains “consistent”.Meanwhile, global concerns are increasing. OECD leaders warned to work in Paris that the trade war is weakening economic development. The business talks of the US-European Union offered a slever of optimism, both sides called recent meetings “creative”.But the unexpected tariff growth of the US President has also left American colleagues on the shore. Canadian PM Mark Carney called the new levy “illegal”, while the Minister of Mexico’s economy Marcello Ebard said that the country would look for a discount or consider the counterers.Trump’s trade war is also under legal investigation. Although some tariffs are being challenged, mostly remain in pending appeals, an uncertainty that shakes industries from steel to aviation.Also read: Putin, Trump discussed India-Pakistan relations: Trump claimed that he stopped the struggle; Kremlin silent on details
