Two foreign nationals have been charged for their role in a scheme to smuggle U.S. military equipment and technology — including missiles — into China, according to the U.S. Justice Department.

President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House Press Secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.

President Donald Trump and Chinese President Xi Jinping are expected to speak very soon, a senior White House official told CNBC.

China on Monday accused the United States of breaching the 90-day trade truce agreed by the world’s two largest economies, after President Donald Trump said it was Beijing that had “totally violated” the agreement.

President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals.

Chinese factories suffered their sharpest fall in new orders since September 2022, a closely watched survey showed, as bosses grappled with Donald Trump’s tariff war. Manufacturing activity hit a nearly three-year low in May, according to the Caixin China General Manufacturing PMI.

US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,

Friction between the US and China increased as Beijing claimed Washington had "seriously undermined" a recent tariff truce and threatened to defend its interests.