President Trump and Chinese leader Xi Jinping spoke on Thursday, with tariff and trade talks set to resume next week. Trump said Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer would meet with Chinese counterparts in London on Monday.

China and the U.S. have agreed to more tariff talks amid a trade standoff and concerns over rare earths, President Donald Trump said Thursday after a call with China's leader. Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade.

Markets rose after the call on the notion that Trump would back down on the tariffs when they become too disruptive, but ended lower. “From an investor perspective in the short-term because there’s the view he will flip on his worst impulses,

The tech billionaire has suddenly fallen out with Donald Trump, and the two are jousting on social media.

President Trump said his relationship with Elon Musk might be over after Musk spent the past few days trying to defeat Trump's "big, beautiful bill."