President Donald Trump claimed that China's President Xi Jinping called him amid the countries' tariff drama - as China continued to dispute that trade talks are happening.

US President Donald Trump said the US will be reasonable on tariffs, adding that markets are adjusting to tariff policy. He also said Iran's situation is going well and floated a potential interim deal with Iran.

China has restricted the export of rare earth minerals critical to the production of electric motors and high-tech components, a response to US President Donald Trump's 145 percent tariffs on Chinese…