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US urges China to meet rare earths, agriculture commitments ahead of Trump-Xi meetings

The officials pressed Beijing to deliver on rare earths and farm purchases, while saying progress will be judged by concrete results.

  • On Friday, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video conference with Chinese vice premier He Lifeng to urge Beijing to honor trade commitments made last year.
  • The Busan agreement, unveiled at an October 2025 summit between President Donald Trump and Chinese leader Xi Jinping, required China to increase soybean purchases and roll back export controls on rare earths essential to U.S. industries.
  • During the online meeting, Bessent emphasized the importance of China "fully and immediately implementing its commitments" made in South Korea, stating that "continued progress depends on concrete results" while the United States monitors compliance.
  • Earlier this week, China's commerce ministry said it is open to purchasing more American agricultural products, but only if the United States implements proposed reciprocal tariff cuts.
  • Later this month, Trump and Xi are scheduled to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in Shenzhen to discuss these trade issues and other bilateral concerns.
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Lean Left

U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng. During the meeting, Bessent emphasized that China must fully and promptly fulfill its commitments under the Busan Agreement.

·Istanbul, Türkiye
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Center

The US government is raising the tone and calling on China to fully implement the Busan trade agreement to ease relations between the two powers The US government has called

·France
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Center

The US urged Beijing to meet commits from a 2025 agreement — especially on agricultural purchases and rare earths supply. China, meanwhile, expressd

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Bloomberg broke the news in New York, United States on Friday, November 6, 2026.
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