China to buy at least $17 billion in US agricultural products annually, White House says
The deal builds on last year’s soybean truce and restores access for U.S. beef and poultry exporters, the White House said.
- On Sunday, the White House announced China committed to purchasing at least $17 billion of U.S. agricultural products annually through 2028 following meetings between President Donald Trump and Chinese President Xi Jinping in Beijing last week.
- In the wake of the summit, China restored market access for U.S. beef by renewing expired listings for more than 400 facilities and agreed to resume imports of American poultry with U.S. regulators.
- These new agricultural purchases are in addition to soybean commitments made last fall; U.S. agricultural exports to China fell 65.7 per cent year-on-year to $8.4 billion in 2025.
- While the Chinese Ministry of Commerce noted plans to mutually cut levies on certain products, Trump told reporters Friday he and Xi "didn't discuss tariffs" aboard Air Force One.
- Beyond agriculture, both leaders agreed to establish a US-China Board of Trade and a US-China Board of Investment while confirming shared goals on North Korea's denuclearization and maintaining access to the Strait of Hormuz.
132 Articles
132 Articles
China to purchase at least $17 billion per year of U.S. agriculture products
Ryan Kelbrants at CHS Hedging said, “A White House fact sheet released on Sunday said, “China will purchase at least $17 billion per year of U.S. agricultural products in 2026 (prorated), 2027, and 2028, in addition to the soybean purchase…
Pittsburgh Post-Gazette
Washington TimesChina agrees to boost trade for U.S. beef and poultry following Trump-Xi summit
WASHINGTON — China has agreed to ramp up trade for U.S. agricultural products such as beef and poultry, buying at an annualized rate of $17 billion...
U.S. Expects Major Farm Export Deal Following Trump-Xi Summit
(NAFB.com) – The United States expects China to agree to purchase “double-digit billions” of dollars in U.S. agricultural products annually following a summit between President Donald Trump and Chinese President Xi Jinping in Beijing, U.S. Trade Representative Jamieson Greer said Friday. Greer said the anticipated agreement would extend beyond soybeans to include a broader range of agricultural goods over the next three years. He referenced an e…
China to buy $17 billion in American agriculture products, White House says
The White House said Sunday that China is set to purchase at least $17 billion in agricultural products from the U.S. per year, a move that comes after President Trump’s recent China trip. In a fact sheet released Sunday, the White House said that Trump, while in China, “negotiated a sweeping package of commitments that [...]
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