China pledges $17 billion in annual U.S. farm purchases (opens in new tab)

China committed to buy at least $17 billion in U.S. agricultural products each year from 2026 through 2028, the White House said in a fact sheet released Sunday after President Trump’s meetings with Chinese President Xi Jinping in Beijing last week. The White House said the figure does not include separate soybean purchase commitments China made in October 2025. The announcement included steps to restore market access for U.S. beef and poultry: China renewed expired registrations for more tha...