By Staff Writer, John Kling | June 6, 2025
TRUMP & XI: THE 90-MINUTE POWER CALL THAT MAY RE-WIRE GLOBAL TRADE
Deal-Maker-in-Chief Strikes Again
In a ninety-minute phone summit, President Trump and President Xi Jinping charted the outlines of a blockbuster trade accord focused on rare-earth minerals. Resources that power everything from iPhones to F-35s. Trump later told reporters the call was “very good” and hinted at reciprocal state visits.
Rare-Earth Leverage, American Windfall
China controls roughly 60 percent of global rare-earth output. Trump’s team pressed for guaranteed U.S. supply chains plus a tariff rollback on American soy and film exports. “No more bureaucratic fog,” the President wrote on Truth Social. If you’re in the mining sector and want to weigh in, email news@magadailynews.com.
Diplomacy With Personal Touch
Both leaders extended formal invitations. Including first ladies to visit their respective capitals, underscoring a rapport critics said was impossible after COVID-era tensions. Seasoned envoys say personal relationships can move mountains where memos cannot. Journalists seeking credentialing for any future summit should contact press@magadailynews.com.
Strategic Patience Meets Strategic Pressure
Trump acknowledged Xi is “tough,” but his direct style contrasts with prior administrations that “talked tough, negotiated weak.” Investors responded with a 300-point surge on the Dow as markets digested the possibility of lower tariffs on American corn, pork, and LNG.
Why Main Street Should Care
A binding deal could inject billions into Midwest manufacturing, where rare-earth-dependent magnets are key to EV motors. Small-business owners can share their supply-chain stories at news@magadailynews.com.
