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Trump-Xi call restores trade truce. But the supply chain war has no end in sight

US President Trump and Chinese President Xi Jinping held a 90-minute phone call, restarting stalled trade talks. The call offered temporary relief from escalating tensions, but didn't resolve deep divisions over supply chains and export controls. The US accused China of backtracking on rare earth mineral export pledges, while China criticized US restrictions on chip technology and student visas. While the call is seen as a positive step, disagreements remain, particularly regarding export controls and Taiwan, with experts predicting continued fluctuations in the relationship.

Prepared by Christopher Adams and reviewed by editorial team.

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