Trump's Call with Xi Spurs Positive Trade Talks Amid Tensions

U.S. President Donald Trump reported a very positive discussion with Chinese President Xi Jinping focusing on trade and security. Xi agreed to increase U.S. soybean imports as a goodwill gesture. However, tensions linger over U.S. arms sales to Taiwan, with China issuing warnings to the U.S.

U.S. President Donald Trump engaged in a reportedly very positive phone call with Chinese President Xi Jinping, discussing key trade and security issues. The dialogue comes amidst looming U.S.-China tensions over Taiwan.

In a significant development, Xi committed to increasing U.S. soybean purchases to 20 million tons this season, up from an earlier 12 million tons. The announcement spurred a rally in soybean futures, providing a boost to the U.S. farm sector, a crucial support base for Trump.

Despite the positive trade discussions, China issued a firm warning regarding U.S. arms sales to Taiwan, emphasizing the delicate nature of bilateral relations. President Trump's positive tone extended to his Truth Social platform, where he highlighted the importance of maintaining a strong U.S.-China relationship.

(With inputs from agencies.)