U.S. says China will buy $17 billion in farm goods (opens in new tab)

The White House said China agreed to buy at least $17 billion in U.S. agricultural products annually in 2026, 2027 and 2028 after President Trump met Chinese President Xi Jinping in Beijing last week. The White House said the commitment is separate from an October 2025 soybean purchase agreement, under which China committed to buy 25 million metric tons of U.S. soybeans annually through 2028 as part of a broader trade truce. The White House also said the governments agreed to establish U.S.-C...