It's the first known call between the two leaders since Inauguration Day — and the first time they've spoken since tariffs began ratcheting up.

China had agreed to reduce export controls on rare-earth magnets as part of a 90-day tariff pause with the United States. Trump has since accused China of dragging its feet on license approvals for magnets, while broader trade talks between the two nations appear to have come to a total standstill.