China Commits to $17 Billion Annual Purchase of US Agricultural Products
China to purchase $17 billion worth of US agricultural products annually: White House
Image: The Economic Times
The White House announced that China will purchase at least $17 billion worth of US agricultural products annually from 2026 to 2028. This agreement follows a meeting between US President Donald Trump and Chinese President Xi Jinping, aimed at enhancing trade relations and addressing global stability issues.
- 01China will restore market access for US beef and resume poultry imports from specific US states.
- 02The two leaders agreed to establish the US-China Board of Trade and the US-China Board of Investment to enhance economic engagement.
- 03China will address US concerns regarding supply chain shortages linked to critical minerals, including rare earth elements.
- 04China has committed to purchasing 200 Boeing aircraft, marking its first such order since 2017.
- 05Both leaders reaffirmed their commitment to denuclearization efforts concerning North Korea and Iran.
Advertisement
In-Article Ad
Following a significant meeting between US President Donald Trump and Chinese President Xi Jinping, the White House announced that China will commit to purchasing at least $17 billion worth of US agricultural products annually from 2026 to 2028. This agreement is part of broader efforts to strengthen trade relations and global stability. In addition to agricultural commitments, China will restore market access for US beef and resume poultry imports from US states deemed free of avian influenza. To further enhance bilateral economic relations, the leaders established the US-China Board of Trade and the US-China Board of Investment. These institutions will facilitate discussions on trade and investment issues, allowing both governments to manage trade involving non-sensitive goods. China also agreed to address US concerns regarding supply chain shortages related to critical minerals, including rare earth elements. Additionally, China has approved an initial order of 200 Boeing aircraft, marking a significant return to purchasing American-made planes since 2017. Both leaders expressed a shared commitment to denuclearization efforts regarding North Korea and Iran, emphasizing the importance of strategic stability.
Advertisement
In-Article Ad
This agreement is expected to boost US agricultural exports and create jobs in the agricultural and manufacturing sectors.
Advertisement
In-Article Ad
Reader Poll
Do you think the US-China trade agreement will benefit American farmers?
Connecting to poll...
More about White House
Read the original article
Visit the source for the complete story.




