- The reported call between Xi Jinping and Donald Trump comes as the US president has threatened Canada with 100% tariffs over its new trade deal with China, escalating global trade disruption.
- Chinese state media is framing the event as part of China's successful diplomatic push, noting that applause for China at the recent World Economic Forum in Davos was sincere.
- The call follows Trump's recent comments at Davos where he hinted at a softer tone toward China, calling Xi an "incredible man" and saying he stopped using the term "China virus" at Xi's request.
- Experts view the rebalancing by Western countries toward China, such as the UK's recent push for deeper ties, as a short-term pivot driven by the disruption to global trade under the Trump administration.
- Trump is scheduled to visit China in April 2026, suggesting a potential high-level meeting to address the ongoing trade and geopolitical friction.
Chinese state media reports on Xi-Trump call amid global trade tensions
Feb 4, 2026, 1:38:35 PM UTC(10 hours ago)
Impact: High
Affected Assets
Sources
From:@DeItaone
🚨 XI, TRUMP HELD CALL - CHINESE STATE MEDIA
