The White House on November 26 announced that China will purchase “at least” $17 billion in U.S. agricultural products annually, following a two-day summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing.
According to a document released by the White House on November 26, China will carry out these purchases through 2028, with the 2026 target calculated proportionally for the remainder of that year.
The announcement came after the two leaders met in Beijing, with discussions focused on economic and trade cooperation. The White House said the new agreement adds to China’s earlier commitment to buy at least 87 million metric tons of U.S. soybeans, reached at the Trump-Xi summit in South Korea in October.
Under the terms, China will restore market access for U.S. beef by renewing the registration list of more than 400 production facilities that had expired. Additionally, Beijing will resume imports of poultry from states deemed by the U.S. Department of Agriculture to be free of avian flu.
On the management side, the two sides agreed to establish two new bodies: the U.S.-China Trade Commission and the U.S.-China Investment Commission, to coordinate bilateral trade and investment activities.
During the two-day summit, Trump and Xi focused their discussions on economic and trade issues, while avoiding sensitive topics such as Taiwan and the U.S.-Israel war in Iran. The White House said the two leaders agreed on the need to keep the Strait of Hormuz open and that Iran “must never possess nuclear weapons.”
China has not issued any official statement confirming the White House information. The Chinese Embassy in Washington did not respond to a request for comment.
U.S.-China trade relations have deteriorated significantly over the past decade due to economic confrontations. Bilateral goods trade in 2025 reached about $415 billion, down sharply from more than $690 billion in 2022.