China agrees to billions in additional US farm purchases, White House says [View all]
Source: Politico
05/17/2026 05:15 PM EDT
China will purchase at least $17 billion in U.S. agricultural products annually through 2028, in addition to soybean commitments already agreed to, the White House said in a fact sheet released Sunday.
The announcement followed President Donald Trump’s visit to Beijing last week for talks with Chinese President Xi Jinping and was among the few concrete deliverables from a summit Trump had pitched in March as a “monumental event.”
The White House also said China has renewed expired registrations for more than 400 U.S. beef facilities and added new listings, while working with U.S. regulators to lift suspensions on the remaining plants, a move aimed at widening market access for American farmers. And they said China has resumed poultry imports from U.S. states that the U.S. Department of Agriculture determined are free of avian influenza.
The new agricultural purchases would add to soybean commitments reached after Trump and Xi struck a broader trade truce negotiated during their October 2025 summit in Busan, South Korea. As part of that agreement, China committed to purchase 25 million metric tons of U.S. soybeans annually through 2028 while both countries paused a wider tariff escalation.
Read more: https://www.politico.com/news/2026/05/17/china-agrees-to-add-billions-annually-of-us-farm-purchases-white-house-says-00925648
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