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Trump, Xi spoke as trade and tech disputes strain ties
Financial Express Chandigarh
|June 06, 2025
US PRESIDENT DONALD Trump and Chinese President Xi Jinping spoke on Thursday, according to China's foreign ministry, as trade tensions roil relations between the world's two largest economies.
Relations between the two rivals have soured in recent weeks, with both sides accusing the other of violating a trade truce that brought down tariffs from massive highs.
With the fresh conflict threatening the fragile détente, market analysts were hopeful the conversation would pave the way to a trade off-ramp.
Stocks rose on news of the call, with the S&P 500 extending gains into a fourth straight day.
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