https://xcancel.com/ChineseEmbinUS/status/1930623117526806799#m
https://www.ft.com/content/696e7620-5775-4f15-a59e-d149f151c1c7
https://www.globaltimes.cn/page/202506/1335503.shtml
UPDATE
Trump posts to truthsocial about the call. He implies that China will provide the US with rare earth minerals and that he will meet with Xi Jinping in China.
https://xcancel.com/WhiteHouse/status/1930639232164311149#m
UPDATE 2
China says that “dialogue and cooperation is the only right choice”. China emphasizes that the US should stay out of the Taiwan question, stop pursuing Taiwan independence. Xi invites Trump to visit China.
https://xcancel.com/SpoxCHN_MaoNing/status/1930649292882182194#m
https://www.fmprc.gov.cn/eng/xw/zyxw/202506/t20250605_11641982.html
I mean, to be fair, the tariffs were done by executive order so the whole trade agreement is sort of hinged on him. It makes sense that China would send Xi to talk him down rather than just direct him to the ministry of finance or something.