Trump confirms China deal
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New Zealand’s Prime Minister Christopher Luxon will visit China and Europe next week, meeting with President Xi Jinping and Premier Li Qiang and leaders of the European Union, the government said in a statement on Friday.
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.
The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."
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Shortly after President Donald Trump returned to the White House in January, he launched a tariff war against China, as part of a broader implementation of import taxes on goods from several dozen countries as Trump seeks to reset the foundations of global trade.
President Donald Trump announced that the U.S. will get magnets and rare earth minerals from China under a new trade deal.
China's Vice President Han Zheng arrived in Spain on Tuesday for a four-day trip during which he will meet with King Felipe and Prime Minister Pedro Sanchez, a further sign of increasingly close economic and political ties.
President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.
Boeing had previously suspended new aircraft deliveries to China as US President Donald Trump's tariff war escalated between the world's two largest economies.