Explainer

TikTok, Rare Earths, Taiwan: Trump-Xi Call to Run the Gamut

Xi Jinping and Donald Trump attend a bilateral meeting on the sidelines of the G20 Summit in Osaka in 2019.

Photographer: Brendan Smialowski/AFP/Getty Images

US President Donald Trump and Chinese President Xi Jinping will have plenty to discuss this week in their first conversation since June, with TikTok, Boeing planes, rare earth magnets and Taiwan among top items for negotiation.

The leaders are set to speak in advance of a potential in-person summit on the sidelines of the Asia-Pacific Economic Cooperation meeting in South Korea at the end of October, capping months of a low-boil tit-for-tat around tariffs, export restrictions and investment issues. Trump posted on Truth SocialBloomberg Terminal that he’d have a call with Xi on Friday, adding that “the relationship remains a very strong one!!!”