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Biden Expects to Speak With China’s Xi Within Next 10 Days

  • US official downplays role of tariffs in first call in months
  • Tensions rose after China refused to condemn Ukraine invasion
Bloomberg business news
WATCH: Kissinger said geopolitics requires “Nixonian flexibility” to help defuse conflicts between the US and China, between Russia and the rest of Europe.Source: Bloomberg
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President Joe Biden says he expects to speak to Chinese leader Xi Jinping “within the next 10 days,” as the US considers whether lifting some tariffs on Chinese imports would help stem rampant inflation. 

Already-tense relations between the two largest economies have deteriorated over China’s refusal to condemn Russia’s invasion of Ukraine.