Trump and Xi's Crucial Call: A Turning Point in US-China Trade Relations

US President Donald Trump and Chinese leader Xi Jinping are engaged in a critical dialogue on Friday, aiming to finalize a deal that will keep the popular social media platform TikTok operating in the United States.

The discussions, according to sources from both the White House and China's Xinhua News Agency, began at approximately 8 a.m. Washington time. This conversation could offer insights into whether the leaders might convene in person to resolve their ongoing trade war and clarify the trajectory of US-China relations.

Notably, this marks President Trump's second conversation with Xi since returning to the White House, post-escalation of tariffs on China that led to a cascade of trade restrictions, straining ties between the world's largest economies.

(With inputs from agencies.)