Trump-Xi Phone Call: Hopes for Trade Deal Amidst Heightened Tensions

Tensions between the United States and China have been escalating, leading to concerns about a potential trade war. A phone call between President Trump and President Xi Jinping is anticipated, raising hopes for a de-escalation. However, President Trump's recent statements suggest a less optimistic outlook. 'It's going to be a very difficult call,' a source close to the White House stated. The call is expected to address various trade issues, including tariffs and intellectual property rights. The outcome of this call will have significant implications for the global economy.