China agreed to purchase at least $17 billion of American agricultural products annually through 2028, according to a White House fact sheet released Sunday. The commitments follow a two-day summit in Beijing between President Donald Trump and Chinese President Xi Jinping. These purchases are intended to be in addition to soybean deals reached last fall, where Beijing pledged to buy 25 million metric tons of soybeans annually.
Trade and production details
Beyond bulk crop purchases, the agreement aims to widen market access for U.S. animal proteins and high-tech manufacturing. Key deliverables. China renewed expired registrations for more than 400 beef facilities and agreed to an initial purchase of 200 Boeing aircraft.
- China will work with regulators to resume U.S. poultry imports from states free of avian influenza.
- Beijing pledged to address export restrictions on rare earth minerals including yttrium, scandium, and neodymium.
- Both nations agreed to establish a board of trade and a board of investment to manage non-sensitive commerce.
Discrepancies remain between the two nations' accounts of the meeting. While Trump told reporters Friday that he did not discuss tariffs with President Xi, China’s Ministry of Commerce stated both sides reached a preliminary agreement to reduce levies on certain products. The White House fact sheet did not mention tariff reductions, and Beijing’s readout omitted the specific $17 billion figure and details on rare earth minerals.
These commitments arrive as American farmers face high fertilizer costs linked to conflict in Iran and lower overall export volumes. U.S. agricultural shipments to China fell to $8.3 billion in 2025 as the trade dispute intensified. The new $17 billion target for non-soybean goods would return trade values near levels seen after the Phase One agreement of Trump's first term.
President Xi is scheduled to make a state visit to the White House in September.
