China Agrees to Purchase $17 Billion in U.S. Agricultural Goods Annually Following Trump-Xi Summit
China has committed to purchasing at least $17 billion worth of U.S. agricultural products annually from 2026 through 2028. This agreement was reached during a summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing. The White House announced that the purchases will include various agricultural goods such as soybeans, corn, sorghum, pork, cotton, animal feed, and dairy products. Additionally, China will restore market access for U.S. beef and resume imports of poultry from states deemed free of avian influenza by the U.S. Department of Agriculture. The summit also resulted in the establishment of two new bodies, the US-China Board of Trade and the US-China Board of Investment, to manage trade and investment between the two countries. However, the Chinese government has not yet confirmed these commitments.