President Donald Trump is putting his friendship with Taiwan on hold while China helps the U.S. negotiate with North Korea, rebuffing the Taiwanese president's suggestion that the two leaders have a phone call, Reuters reported. 

"Look, my problem is I have established a very good personal relationship with President Xi. I really feel that he is doing everything in his power to help us with a big situation," Trump told Reuters

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views.Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)

TheStreet Recommends