China to buy at least US$17 billion in US agricultural products annually, White House says
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- China pledged to buy at least $17 billion of U.S. agricultural products each year in 2026‑2028, per a White House fact sheet.
- Trump discussed the purchase commitment with Xi during their recent bilateral meetings.
- U.S. agricultural exports to China fell 65.7 % year‑on‑year in 2025, to $8.4 billion, after tit‑for‑tat tariffs.
- China will collaborate with U.S. regulators to lift beef facility suspensions and resume poultry imports from avian‑influenza‑free states.
- U.S.–China Board of Trade and the Board of Investment will be created to address market‑access issues and expand trade under a reciprocal tariff‑reduction framework, according to Chinese Foreign Minister Wang Yi.
Why it matters: U.S. farmers secure a $17 billion annual market, offsetting the 65.7 % export slump, while China locks in a reliable food source and eases trade frictions through joint boards.
