President Donald Trump and Chinese leader Xi Jinping engaged in a 90-minute phone call focused primarily on trade, leading to a positive outcome for both countries. The call, initiated by Trump, centered on the export of rare earth minerals critical to the U.S. automotive industry. The upcoming talks will involve key officials from both sides, with Xi extending an invitation for Trump to visit China, reciprocated in kind. This conversation marked a significant development in trade negotiations that had stalled following tariff reductions agreed upon in May. Trump’s administration accused China of violating terms by restricting rare earth mineral exports, prompting proposed measures such as visa revocations for Chinese students and new export controls on advanced technologies. Trump emphasized the importance of addressing the complexity of rare earth products following the call. Trump’s focus on reducing America’s reliance on Chinese manufacturing contrasts with Xi’s push for technological dominance in sectors like electric vehicles and artificial intelligence. The U.S. trade deficit with China in 2024, a key concern for Trump, underscores the urgency for high-level discussions to resolve trade issues. Treasury Secretary Bessent highlighted the necessity of leader-to-leader exchanges to move negotiations forward effectively.