First Move  ·  Statecraft  · 
From the capitals — Thursday morning, 02 July

US and China Foreign Ministers Discuss Strategic Stability in Phone Call

U.S. Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi held a "positive and constructive" phone call to advance strategic stability, with G7 Foreign Ministers gathering in Paris.

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The conversation that mattered

The diplomatic conversation of the last 24 hours centered on a phone call between Chinese Foreign Minister Wang Yi and U.S. Secretary of State Marco Rubio on Tuesday.

Wang stated that China and the United States should "remove disruptions, overcome obstacles, and stay firmly on the right course toward building a constructive bilateral relationship of strategic stability." This follows a consensus reached by Presidents Xi Jinping and Donald Trump in May, aiming to guide bilateral ties for the next three years. Secretary Rubio and Foreign Minister Wang agreed the call was "positive and constructive" and committed to implementing the heads of state's understandings.

Wang also urged the U.S. to handle Taiwan-related issues with "extra prudence," citing their "far-reaching implications." Both sides aim to expand cooperation and manage risks. The next diplomatic move will involve continued communication as agreed, translating this consensus into specific policies.

Today's meetings

Chinese Foreign Minister Wang Yi

Actor Two: U.S. Secretary of State Marco Rubio

Venue Or Format: Phone call

What Was Discussed: Building a constructive bilateral relationship of strategic stability and the Taiwan question.

Signal: Indicates ongoing efforts to manage complex US-China relations at the ministerial level.

US negotiators

Actor Two: Iranian negotiators

Venue Or Format: Indirect talks in Doha, mediated by Qatar and Pakistan

What Was Discussed: Progress on issues related to the Islamabad Memorandum of Understanding, including frozen assets and maritime security in the Strait of Hormuz.

Signal: Diplomacy continues to inch forward on the US-Iran MoU, with mediators playing a crucial role.

Joint statements + readouts

China and United States

Topic: Bilateral Relationship of Strategic Stability

Key Line: "China and the United States should remove disruptions, overcome obstacles, and stay firmly on the right course toward building a constructive bilateral relationship of strategic stability."

Qatar and Pakistan (mediators for US-Iran talks)

Topic: Implementation of US-Iran Memorandum of Understanding

Key Line: "positive progress had been made on the issues related to the MoU."

United States, Mexico, and Canada (regarding USMCA)

Topic: United States-Mexico-Canada Agreement (USMCA)

Key Line: "The United States did not agree to renew the USMCA in its current form."

Multilateral pulse

G7 Foreign Ministers' Meeting. Foreign Ministers from G7 countries are gathering near Paris on Thursday and Friday to discuss Russia's war against Ukraine, the Middle East, and global security issues, with the Ukrainian Foreign Minister expected to join.

Bilateral threads worth following

US ↔ China

Current State: Foreign ministers are working to translate heads of state consensus into specific policies for strategic stability.

Last Move: Foreign Ministers Wang Yi and Marco Rubio held a "positive and constructive" phone call on Tuesday (July 1).

US ↔ Iran

Current State: Indirect talks are progressing on implementing a memorandum of understanding to end conflict and reopen the Strait of Hormuz.

Last Move: Mediated talks in Doha concluded on Wednesday (July 1) with "positive progress" reported by Qatar and Pakistan.

US ↔ Mexico/Canada

Current State: The US has declined to renew the USMCA in its current form, seeking to address trade deficits.

Last Move: The United States announced on Wednesday (July 1) it would not renew the USMCA as is, with further bilateral talks with Mexico scheduled for the week of July 20.

What we'll be watching next 72h

Reporting + analyst voices: grounded via Google Search at publish time.