In an unusual move, Xi Jinping, the leader of China, called President Trump. The two spoke about trade, Taiwan and Ukraine, according to separate official statements.
By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.
The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing.