On June 5, U.S. President Donald Trump held a phone call with Chinese President Xi Jinping. It marked the first direct conversation between the two leaders since Trump began his second term — and the first since tensions sharply escalated in 2025’s U.S.-China trade war.
After the call, Trump was quick to frame it as a success for his administration, posting on social media that it led to “a very positive conclusion for both Countries.” He later told reporters that Xi had agreed to resume exports of rare earth minerals and magnets to the U.S. — allaying the fears of the auto industry, which had previously warned that parts suppliers were facing severe and immediate risks to production.
