President Donald Trump and Chinese President Xi Jinping held a phone call Thursday amid ongoing tensions between the two superpowers — with a new in-person meeting planned soon.

Trump said in his Truth Social post that the hour-and-a-half conversation phone call was “focused almost entirely on TRADE,” while the Chinese readout singled out Xi’s stern warning on Taiwan – the reddest of lines for Beijing – and the issue of Chinese student visas.

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping had agreed to restart the flow of rare earth minerals and magnets to the United States. Asked directly by a reporter aboard Air Force One whether Xi had agreed to do so,